Comments on: Iron Mountain Moves Into E-Discovery, Acquiring Stratify http://www.clearwellsystems.com/e-discovery-blog/2007/11/01/iron-mountain-moves-into-e-discovery-acquiring-stratify/ thoughts about the evolution of e-discovery Sat, 28 Jan 2012 05:21:57 +0000 hourly 1 http://wordpress.org/?v= By: e-discovery 2.0 » Blog Archive » e-discovery, electronic discovery, legal discovery, ediscovery, EDD http://www.clearwellsystems.com/e-discovery-blog/2007/11/01/iron-mountain-moves-into-e-discovery-acquiring-stratify/comment-page-1/#comment-1227 e-discovery 2.0 » Blog Archive » e-discovery, electronic discovery, legal discovery, ediscovery, EDD Tue, 13 Jan 2009 19:52:17 +0000 http://staging.clearwellsystems.com/wordpress/?p=31#comment-1227 [...] that to other e-discovery acquisitions, such as FTI’s $88 million purchase of Attenex or Iron Mountain’s $158 million deal for Stratify, each of which only had about 30% of Guidance’s revenue, and you cannot help feeling that the [...] [...] that to other e-discovery acquisitions, such as FTI’s $88 million purchase of Attenex or Iron Mountain’s $158 million deal for Stratify, each of which only had about 30% of Guidance’s revenue, and you cannot help feeling that the [...]

]]> By: Aaref Hilaly http://www.clearwellsystems.com/e-discovery-blog/2007/11/01/iron-mountain-moves-into-e-discovery-acquiring-stratify/comment-page-1/#comment-26 Aaref Hilaly Thu, 06 Dec 2007 17:44:00 +0000 http://staging.clearwellsystems.com/wordpress/?p=31#comment-26 Hi Ted,<br/><br/>I found the $30M-in-revenue number in Byte and Switch: <br/><br/>Stratify, a profitable privately held firm founded in 1999 and headquartered in Mountain View, Calif., is predicted by Iron Mountain to be on track for $30 million revenues this year. It has around 110 customers and 185 employees, about half of whom reside in Bangalore, India. Iron Mountain says Stratify's profit margin is now between 20 percent and 30 percent, but the new parent plans to improve on that. Earnings from Stratify, however, will be minimally accretive to Iron Mountain's earnings in the first quarter of full ownership, execs say.<br/><br/>Separately, PE Hub reported that Stratify "has raised just over $40 million since 1999, when it was known as Purple Yogi. This includes Series C and Series D infusions in 2000 at a post-money valuation of approximately $65 million and $113 million, respectively."<br/><br/>Hope that helps,<br/>Aaref Hi Ted,

I found the $30M-in-revenue number in Byte and Switch:

Stratify, a profitable privately held firm founded in 1999 and headquartered in Mountain View, Calif., is predicted by Iron Mountain to be on track for $30 million revenues this year. It has around 110 customers and 185 employees, about half of whom reside in Bangalore, India. Iron Mountain says Stratify’s profit margin is now between 20 percent and 30 percent, but the new parent plans to improve on that. Earnings from Stratify, however, will be minimally accretive to Iron Mountain’s earnings in the first quarter of full ownership, execs say.

Separately, PE Hub reported that Stratify “has raised just over $40 million since 1999, when it was known as Purple Yogi. This includes Series C and Series D infusions in 2000 at a post-money valuation of approximately $65 million and $113 million, respectively.”

Hope that helps,
Aaref

]]> By: Ted Arbuckle http://www.clearwellsystems.com/e-discovery-blog/2007/11/01/iron-mountain-moves-into-e-discovery-acquiring-stratify/comment-page-1/#comment-25 Ted Arbuckle Tue, 13 Nov 2007 17:38:00 +0000 http://staging.clearwellsystems.com/wordpress/?p=31#comment-25 Dear Aaref,<br/><br/>I am also curious about the $30 million revenue number for Stratify. You say it came from the CFO. Do you have a press release or some other source for this statement. Thanks, Ted Arbuckle Dear Aaref,

I am also curious about the $30 million revenue number for Stratify. You say it came from the CFO. Do you have a press release or some other source for this statement. Thanks, Ted Arbuckle

]]> By: Ted Arbuckle http://www.clearwellsystems.com/e-discovery-blog/2007/11/01/iron-mountain-moves-into-e-discovery-acquiring-stratify/comment-page-1/#comment-24 Ted Arbuckle Tue, 13 Nov 2007 16:55:00 +0000 http://staging.clearwellsystems.com/wordpress/?p=31#comment-24 Dear Pushkar,<br/><br/>I recommomend the Kenyon Group to advise you if you are considering selling your company. We are a firm that has been very active in the litigation support, legal technology, and legal staffinig space for the past 3-4 years. A couple recent transactions are CaseLogistix and SV Technology (LawPort). Our web site is www.kenyongroupinc.com. We are finalizing a redevelopment and upgrade to the site, which should be completed by the end of the week. Please shoot me an email if you want to discuss your situation. <br/><br/>Regards,<br/>Ted Arbuckle<br/>ted@kenyongroupinc.com Dear Pushkar,

I recommomend the Kenyon Group to advise you if you are considering selling your company. We are a firm that has been very active in the litigation support, legal technology, and legal staffinig space for the past 3-4 years. A couple recent transactions are CaseLogistix and SV Technology (LawPort). Our web site is http://www.kenyongroupinc.com. We are finalizing a redevelopment and upgrade to the site, which should be completed by the end of the week. Please shoot me an email if you want to discuss your situation.

Regards,
Ted Arbuckle
ted@kenyongroupinc.com

]]> By: Pushkar http://www.clearwellsystems.com/e-discovery-blog/2007/11/01/iron-mountain-moves-into-e-discovery-acquiring-stratify/comment-page-1/#comment-23 Pushkar Fri, 09 Nov 2007 01:33:00 +0000 http://staging.clearwellsystems.com/wordpress/?p=31#comment-23 Thanks Aaref!!!!<br/><br/>Two more questions, <br/><br/>Based on your extensive knowledge of this industry (I read your bio on Clearwell's website) which would you think are the most prominent I-Banking firms representing clients in the $20-$30 Mil range in e-Discovery/Imaging? <br/><br/>Also, I am also looking for VC's who would have invested substantially in this area. Any idea which ones I could look at?<br/><br/>Again, thanks for your response. Thanks Aaref!!!!

Two more questions,

Based on your extensive knowledge of this industry (I read your bio on Clearwell’s website) which would you think are the most prominent I-Banking firms representing clients in the $20-$30 Mil range in e-Discovery/Imaging?

Also, I am also looking for VC’s who would have invested substantially in this area. Any idea which ones I could look at?

Again, thanks for your response.

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