Sonian Picks Up $13.6M For Cloud Archiving And Search

As more businesses and consumers sign up to services that operate in the cloud, so more companies working in this space continue to get attention from investors. The latest is Sonian, a specialist in cloud-based archiving and search services, which has picked up a C-round of $13.6 million.

The back of overall interest

On the back of overall interest, trust and growth in cloud services, Sonian’s star has been rising. The company, which focuses on enterprise services, says that in each of the past two years its customer base has doubled — it now supports 9,000 businesses, covering such services as scalable storage management, regulatory compliance, and eDiscovery.

The company has as well signed some other significant milestones, including the acquisition of Webroot’s Email archiving business in January, as so then as partnerships with enterprise IT systems companies Tech Data Corporation and ISI. As for Amazon, Sonian runs part of its business over Amazon Web Services.

The past four quarters

Sonian as well says that the past four quarters, it has seen “record” growth in its business. In the wider market, email volume has grown 500 percent over the last decade, and the email archiving market — a key area for Sonian — will be worth $2.2 billion by 2014, according to Gartner, with cloud-based archiving services accounting for half of that figure.

Sonian says it will use the investment to expand the business and develop more features for its core archiving products:

Sonian Archive is a hosted information archive program created with cloud computing infrastructure technologies. Sonian provides email and file archiving, search, compliance, e-discovery and storage management. Using the cloud infrastructure enables efficient use of computer hardware in order to process more data with fewer hardware resources.Sonianâ??s compliant email archiving service supports all mail platforms.

Expansion stage venture capital fund

OpenView Venture Partners is an expansion stage venture capital fund, with a focus on high-growth software, internet, and research-enabled companies. Much of the team’s success has been driven by its active role in providing its portfolio companies with strategic value-add services and highly practical operating expertise. OpenView Venture Partners is based in Boston, MA, and invests globally.OpenView Labs serves as the in-house strategic consulting arm to OpenView Venture Partners. The Labs provides an extensive range of high...