NextPage
Provider of compliance and information risk solutions that mitigate enterprise risk and increase document policy compliance.
| Date | Investors | Amount | Round |
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| - | investor | €0.0 | round |
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| N/A | €0.0 | round | |
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| Total Funding | 000k | ||
Related Content
NextPage, Inc., founded in 1999 by Brad Pelo, operated as an enterprise software company with headquarters in Draper, Utah. The firm specialized in information risk management applications designed to minimize document-related risks by enforcing information-risk policies. Its core technology, a patented system called Digital Thread, enabled enterprises to fingerprint, track, and monitor unstructured content across various systems, including emails, hard drives, and servers. This was particularly valuable for large and mid-sized organizations needing to address eDiscovery and information compliance requirements.
The company's journey began with a focus on internet search products, a business that was later sold, allowing the company to pivot to its document management system. Over its lifetime, NextPage raised a total of $22.4 million in funding over three rounds, with its first round on January 24, 2001, and its latest on June 22, 2011. Key investors included Oak Investment Partners, REV, and Angelneers. By 2011, NextPage had gained recognition as a "Cool Vendor" in Content Management by Gartner, Inc. At the time of its acquisition, the company served clients in professional services, accounting, energy, banking, and insurance.
In a strategic move to enhance its enterprise archiving and governance solutions, Proofpoint, Inc. acquired NextPage on January 17, 2012. The acquisition was facilitated by Stratagem Partnering. Darren Lee, who was the CEO of NextPage at the time, transitioned to become the vice president of governance at Proofpoint. The integration of NextPage's technology allowed Proofpoint to launch Proofpoint Enterprise Governance, a solution aimed at controlling legal and financial risks associated with unstructured information. The acquisition also strengthened Proofpoint's partnership with Microsoft, as NextPage had an existing SharePoint integration. All NextPage employees joined Proofpoint's archiving and governance solutions team, bringing with them expertise in data governance and big data management.
Keywords: information governance, risk management, eDiscovery, compliance, document tracking, unstructured data, data loss prevention, enterprise software, Digital Thread, cloud security