$8 Million in Funding for Sonian

Sonian, Inc., in cloud-powered email archiving, has secured an additional $8 million in funding from existing investors OpenView Venture Partners, Summerhill Venture Partners and Prism Venture Partners.

This brings the total raised in the Series C funding round to $21.6 million.

These new funds will be used to develop next-generation DiscoverStor platform, which will be formally unveiled in Q1 and extends cloud reference architecture to new file types and adds advanced analytics, broadening the appeal to enterprise customers.

Sonian’s approach to cloud-based information archiving helps companies of all sizes overcome the storage and operational challenges inherent in managing vast amounts of unstructured data in modern business. More than 14,000 customers in 40 countries trust Sonian to protect vital intellectual property, comply with data retention regulations, address discovery requests and cut IT costs. Today, Sonian archives more than eight billion objects, and those cloud datasets grow an average of 300GB each day.

Sonian continues to experience growth.

Additional recent milestones include:

• Release of Central Archive, a scalable, affordable solution for IBM Domino messaging users.
• Expansion of its channel network, including the addition of Champion Solutions Group and Intermedia, two large MSPs in North America.
• Recognition as one of the Top 100 Cloud Solution Providers by Talkin’ Cloud, a guide for cloud service providers (CSPs) and cloud channel partners.
• Three consecutive placements in the Gartner Magic Quadrant for Enterprise Information Archiving.

“Sonian is well poised to continue its remarkable growth trajectory, thanks to our innovative approach and long-standing expertise moving corporate data to a secure cloud archive and illuminating that data with fast and accurate search,” said Jeff Dickerson, CEO, Sonian. “We have a lofty goal to take all human-generated data, from emails and documents to CAD drawings and beyond, and make it searchable – and therefore actionable – within a cloud architecture. The continued support from our investment and reseller partners will hasten our ability to deliver on this vision and create the world’s first true dedicated information discovery cloud.”