Data443 Acquires ArcMail
In enterprise information and email archiving
This is a Press Release edited by StorageNewsletter.com on February 24, 2021 at 2:42 pmData443 Risk Mitigation, Inc., a data security and privacy software company, acquired all rights to the data archiving platform ArcMail, representing its first acquisition of 2021.
This follows a 2-year exclusive license agreement with ArcMail that was announced on February 11, 2019. The acquisition has closed, and all assets have been transferred.
Terms of the transaction were not disclosed.
Founded in 2005, ArcMail is in the enterprise information and email archiving market. It offers customers an array of cost-effective, easy-to-use archiving solutions with comprehensive and tailorable features that ensure secure, compliant email, file, and other electronic data retention, storage, and retrieval. Solutions support all eDiscovery requests for electronically stored information for all regulated industries – data privacy, healthcare, financial services, legal services, government and education. Key ArcMail product features include full-text indexing, granular retention rules; secure and customizable access and permissions; basic and advanced Boolean search; litigation and legal holds; and import and export capabilities that accelerate and simplify eDiscovery requests and compliance audits.
Jason Remillard, CEO, Data443, commented, “Over the last 2 years the ArcMail product suite has been a tremendous differentiator for our Global Privacy Manager offering. We are the only privacy and governance suite provider in the marketplace that provides data archiving solutions (on premise or in the cloud) for Office365, Google Suite, OneDrive, Dropbox, and many other configurations. Privacy enablement for the GDPR, CPRA, or general FOIA requests continue to grow in complexity and burden for organizations of all sizes, and we continue to provide a fit-for-purpose solution for them.”
“Over the initial licensing period, Data443 has focused heavily on the customer base and has converted 100% of active customer base to an annual run rate subscription term. Our decision to acquire all rights to the ArcMail platform was an easy decision. The last 2 years has validated the continued demand for the ArcMail platform. We believe the acquisition will be seamless, with none of the integration costs or assimilation time delays commonly associated with acquisitions. This represents another important step in Data443’s continued differentiation from its competitors by offering a real technology stack with an active, vibrant customer base, growing feature sets, and significant investments in new features and capabilities. Our continued efforts in data privacy and security compliance, governance, and enablement services continues to win customers, partners and analysts worldwide – it is solutions like these that help us get there,” he added.
About Data443
It is a leader in data privacy solutions for All Things Data Security, providing software and services to enable secure data across local devices, network, cloud, and databases, at rest and in flight. Its suite of products and services is highlighted by: (i) Araloc, which is a secure, cloud-based platform for the management, protection and distribution of digital content to the desktop and mobile devices, which protects an organization’s confidential content and IP assets fro leakage – malicious or accidental – without impacting collaboration between all stakeholders; (ii) Dataexpress, a data transport, transformation and delivery product trusted by financial organizations worldwide; (iii) ArcMail, which is provider of simple, secure and cost-effective email and enterprise archiving and management solutions; (iv) ClassiDocs the company’s data classification and governance technology, which supports CCPA, LGPD, and GDPR compliance; (v) ClassiDocs for Blockchain, which provides an active implementation for the Ripple XRP that protects blockchain transactions from inadvertent disclosure and data leaks; (vi) Data443 Global Privacy Manager, the privacy compliance and consumer loss mitigation platform which is integrated with ClassiDocs to do the delivery portions of GDPR and CCPA as well as process Data Privacy Access Requests – removal request – with inventory by ClassiDocs; (vii) Resilient Access, which enables fine-grained access controls across myriad platforms at scale for internal client systems and commercial public cloud platforms like Salesforce, Box.Net, Google G Suite, Microsoft OneDrive and others; (viii) Chat History Scanner, which scans chat messages for compliance, security, PII, PI, PCI and custom keywords; (ix) the CCPA Framework WordPress plug-in, which enables organizations to comply with the CCPA privacy framework; (x) FileFacets, a SaaS platform that performs data discovery and content search of structured and unstructured data within corporate networks, servers, content management systems, email, desktops and laptops; (xi) the GDPR Framework WordPress plug-in, with over 30,000 active users and over 400,000 downloads it enables organizations of all sizes to comply with the GDPR and other privacy frameworks; and (xii) IntellyWP, a purveyor of user experience enhancement products for webmasters for WordPress.