Zapproved

Zapproved is a producer of legal software based in Portland, Oregon.[1]

Company history

Zapproved was founded by Monica Enand in 2008,[2][3] who serves as the company’s CEO. The company produces cloud-based software for the use of corporate in-house counsel and their legal department staff.[4] In 2010 Zapproved received $1 million in Series A financing, and in 2011 the company received another $1.45 million in a round of Series B investment.[5] In 2015 Zapproved received $15 million in financing from K1 Investment Management;[6] overall the company has received $20 million in financing from its investors.[7] As of 2016 the company had 70 employees.[8]

Software

Zapproved produces software-as-a-service applications (SaaS). This includes the Z-Discovery Platform, a suite of cloud-based applications for e-discovery management which includes Legal Hold Pro, a software that automates legal hold notifications, tracks custodian acknowledgement and action requests such as the collection of documents or other electronically stored information used in a legal proceeding.[9] The company also produces Data Collect Pro, an application that executes forensically sound gathering of data for legal cases, from all relevant cloud accounts and hard-drives.[10] The software was adapted from the software eCloud Collect,[11][12] a technology that Zapproved acquired in 2015.[13] In 2016 Zapproved released Digital Discovery Pro, which has a 1TB/hour or higher rate of data processing.[14]

Publications

The company publishes the annual Legal Hold and Data Preservation Benchmark Survey. In 2015 the study showed that above half of those legal professionals surveyed use manual methods of tracking their documents through legal cases.[15]

References

  1. "Zapproved, leaving Hillsboro and doubling its work force, inks Pearl District lease". OregonLive.com.
  2. http://www.bizjournals.com/portland/print-edition/2015/12/11/the-pbj-interview-zapproved-s-monica-enand-on.html?ana=e_ph_prem&u=mHOD07jHYY2FhcI04jOYSbrlIES&t=1449844988
  3. "Oregon Local News - This is what diversity looks like". Oregon Local News.
  4. http://www.bizjournals.com/portland/blog/techflash/2015/09/confessions-of-an-entrepreneur-portlands-monica.html
  5. http://www.bizjournals.com/portland/news/2011/04/04/zapproved-closes-145m-funding-round.html
  6. http://www.bizjournals.com/portland/blog/techflash/2015/02/with-20m-hillsborolegal-services-tech-aces-launch.html
  7. "Zapproved busts out with acquisition, $15 million venture round and move to downtown Portland". OregonLive.com.
  8. "Conversation With Zapproved CEO: Monica Enand". Above the Law.
  9. Judith Lamont, Ph.D. (3 July 2015). "E-discovery powers up legal processes". KMWorld Magazine.
  10. "Does eDiscovery Collection Service Threaten Traditional Digital Forensic Recovery?". Forensic Magazine.
  11. "SaaS Makes Corporate eDiscovery Fast, Easy, Adds to DFI Toolbox". Forensic Magazine.
  12. Alfa Harkoto (2010). 40 Tool Dahsyat: Untuk Mengelola Bisnis UKM (in German). PT Elex Media. p. 95.
  13. http://www.bizjournals.com/portland/blog/techflash/2015/07/malia-spencer-inside-zapproved-s-big-numbers.html?ana=twt
  14. Ian Murphy. "Zapproved breaks 1 terabyte per hour barrier". Enterprise Times.
  15. David Roe (13 August 2015). "Doc Mgt Roll-Up: Plenty of Upgrades, Plenty of Paper". CMSWire.com.
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