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Smarsh
Software company based in Portland, Oregon, United States From Wikipedia, the free encyclopedia
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Smarsh Inc. (stylized as smarsh) is a "software as a service" (SaaS) company headquartered in Portland, Oregon, with nine offices worldwide.[3][4] The company provides comprehensive archiving and has compliance, supervision and e-discovery tools for companies in highly regulated industries, including public sector and financial services.[5]
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History
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The company was founded in Brooklyn, New York in 2001.[6] The founder, Stephen Marsh, believed that the financial industry needed a better way to archive, store, and regulate its data as regulations required.[7] In 2004, the company relocated its headquarters to Portland, Oregon.[8]
In 2012, Quest Software, which owned 60% of Smarsh, was sold to Dell Computer.[8] In 2013, Dell sold its stake to California investment firm Toba Capital.[8]
Acquisitions
Smarsh has acquired a number of companies since its start in 2001. In 2008, it acquired the Connecticut-based CentraScan LLC, an email management service, the California-based Financial Visions Inc., a website compliance company, and iNation, LLC, a financial CRM provider.[7] In early 2012, the company acquired Perpetually, known for its web archiving technology.[9] Smarsh acquired Presensoft, a cloud-based instant message archiving company, in 2015,[10] and in December 2016, it acquired MobileGuard, a mobile communication monitoring and retention provider.[4] In 2017, Smarsh acquired London-based company, Cognia, to improve Smarsh’s voice communication capabilities for mobile and landline devices.[11] In 2018, K1 Investment Management acquired Actiance Inc. and merged with Smarsh shortly after.[12] In 2020, Smarsh acquired Entreda, an integrated cybersecurity risk and compliance management software and services company, which will continue to operate under its own brand as a stand-alone, wholly owned subsidiary of Smarsh.[13]
Smarsh acquired TeleMessage, which archives Signal conversations, in February 2024.[14] In May 2025, TeleMessage gained media attention after it was revealed that Mike Waltz, former U.S. National Security Advisor, was using an unofficial version of Signal called "TM SGNL", created by TeleMessage to archive messages securely. This discovery highlighted the company's role in providing modified messaging applications for secure and compliant archival of governmental communications, raising discussions around security and record-keeping practices within high-ranking government circles.[AI-generated?][15] It was later reported that TeleMessage had been hacked.[16]
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Awards and recognition
Smarsh has been named to the Inc. 5000 list of fastest growing private companies in America consecutively from 2008 through 2022.[1] The company also made the Deloitte Fast 500 list from 2009 through 2015.[17][18][19][20][21][22] In 2014, Smarsh Founder, Stephen Marsh won the Financial Technologies Forum's Person of the Year award.[23] Smarsh was named a leader in the 2015, 2016, 2017, 2018, and 2019 Gartner Magic Quadrant for Enterprise Information Archiving.[24]
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References
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