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Proofpoint to Acquire ObserveIT for $225 Million in Cash

“Today’s ObserveIT acquisition underscores Proofpoint’s commitment to providing organizations with people-centric cybersecurity and compliance solutions that protect what matters: their people and the data they have access to, in a post-perimeter, cloud-first world,” said Gary Steele, chairman of the board and chief executive officer of Proofpoint.

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Veristar Announces Company Launch and Supporting Acquisition

“Successful organizations are built on the strength of their people, and that is the foundation of Veristar,” says company founder, CEO and president Rick Avers. “Our team has unmatched experience handling sensitive information in litigations, investigations, regulatory requests and other complex data matters for clients in a wide array of industries. That expertise helps us to quickly understand client needs and case strategies, guiding us to identify the right approach and implement the most efficient solution.”

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Guidehouse Completes Acquisition of Navigant Consulting

“We are delighted to welcome all of our colleagues from Navigant,” said Scott McIntyre, CEO of Guidehouse. “Their significant commercial market expertise in healthcare, energy, and financial services complement the public sector strengths of Guidehouse, creating a new type of consultancy focused on driving cross-market advancements. Together we will serve our clients with distinction around the world, helping them address their most difficult challenges and identify their most promising opportunities in order to set a national agenda and drive global change.”

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X1 Closes $5.1 Million Series B Funding

“Helping clients find and take action on critical corporate information within hours – whether on laptops, desktops, corporate servers, in SaaS applications or in the cloud – is an incredibly powerful capability that the market is just now beginning to leverage,” said Craig Carpenter, CEO of X1. “X1 has an incredible opportunity in front of it, which was the catalyst for this round of growth capital. We’re ecstatic to gain the support of great partners like Palisades Growth Capital and George Kadifa for our journey to come.”

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Iron Mountain Expands into Colombia with BPO Acquisition

“With this acquisition we’re reaffirming our commitment to providing customers across the globe with leading solutions for storing, protecting and managing their information and assets,” said Ernest Cloutier, Executive Vice President and General Manager, Iron Mountain International. “This transaction is part of our strategy to scale our presence in Latin America where we have significant growth opportunities for our information management business.”

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XDD Acquires Beyond IT Forensics

Bob Polus, XDD President and CEO states, “As the catalyst for most matters, forensic services are an integral part of our end-to-end service offering.  With existing XDD forensics offices in nine locations nationwide, bringing in the Beyond IT team expands our presence in the populous south-central US.   Coupled with their expertise in cybersecurity, Paul Price, Principal at Beyond IT, will lead the XDD Forensics team in providing exemplary services to clients nationwide.”

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KLDiscovery By The Numbers: Second Quarter 2019 Results

“We are pleased with our record second quarter of strong growth and the continued momentum our business is enjoying in the third quarter,” said Chris Weiler, Chief Executive Officer of KLDiscovery. “We are expanding our relationships with existing clients, targeting new clients and expanding into new verticals both organically and through strategic acquisitions,” said Mr. Weiler.

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ayfie Raises $10 Million in Funding

“We are very proud of ayfie’s excellent development since the initial round of funding. ayfie is solving problems that other less sophisticated systems cannot,” says Erik Baklid, CEO of ayfie. He adds: “The funding supports with power the achievement of our next business milestones taking full advantage of the momentum we’ve created.”

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iCONECT Secures Strategic Capital Funding

“This financing helps us work toward some exciting new developments and expansion of sales and marketing resources,” said CEO Ian Campbell. “We have been profitable since day one as a company, so we have never really seen the need for external resources. NewField brings both capital and strategic vision toward growth. With a constant focus on innovation, we are well-positioned to take on the unique technical challenges in our industry.”