Portland, Ore., June 28, 2010 - Smarsh®, the managed service leader in secure, innovative and reliable email archiving and compliance solutions, ranked ninth in the Portland Business Journal list of Oregon's 100 fastest-growing private companies for 2010. Smarsh is the only organization to rank among the top 10 privately held companies with growth representing the best in the region in each of the past three years.
"We appreciate the recognition from the Portland Business Journal and I am very proud of the sustained, aggressive growth that Smarsh has seen in recent years, especially considering the challenges of the economic environment," said Stephen Marsh, Smarsh founder and CEO. "The recognition is a testament to our team's commitments to listening and learning from our clients and to our continued innovation in electronic message archiving."
Companies are ranked by percentage of revenue growth over three years (2007-2009). In order to qualify, private companies must be headquartered in Oregon or Clark County, Wash., exhibit revenue growth over the past three years and have compiled revenues of at least $250,000 in 2007. Smarsh, which topped the Private 100 last year and led all technology providers with a No. 2 overall ranking in 2008, saw revenues grow by 192.91% from 2007-2009.
Smarsh is uniquely positioned to help companies with integrated solutions for message compliance and records retention, proactive litigation readiness and messaging security (including email encryption and data-leak prevention). Smarsh's client base resides primarily in the financial services industry (including investment advisors, broker/dealers, banks and hedge funds), where regulatory obligations have historically provided motivation for service adoption. As email archiving and compliance solutions are becoming increasingly vital throughout various industries, this honor distinguishes Smarsh for its expertise and leadership.
The results of the 2010 Private 100 are featured in the June 25 edition of the Portland Business Journal.
Smarsh® provides hosted solutions for archiving electronic communications, including email, instant messaging and social media platforms such as Facebook, LinkedIn and Twitter. Founded in 2001, Smarsh helps over 10,000 organizations manage and enforce flexible, secure and cost-effective compliance and records retention strategies and mitigate risk. For more information, visit www.Smarsh.com or follow Smarsh at www.twitter.com/SmarshInc.
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