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PSS Systems Secures $18 Million in Financing
Date:6/16/2008

creasingly, the practices of the legal department impact the operational efficiencies of a company. There is tremendous cost and risk in under-addressing preservation or allowing information to be retained without regard to need," said Deidre Paknad, CEO of PSS Systems. "Complexity is increasing rapidly for global companies, so we are delighted to have the capital to extend our product family, our global reach, and our market leadership to meet these evolving needs."

About PSS Systems

PSS Systems is the leader in legal governance systems, and its Atlas software is the standard for legal holds and retention policy management. In the early 2000s, the company envisioned a change in legal requirements for corporations, and in 2004 was first to introduce solutions to reduce and control the growing cost and risk for corporate legal departments. The Atlas software suite includes Atlas LCC to streamline legal holds and collection processes end-to-end; Atlas ERM to enable retention programs across disparate countries, business units, information sources, and systems; and Policy Enforcement Services to automate retention and preservation policy enforcement across various systems and data sources. PSS Systems founded and sponsors the CGOC, a professional community on retention and preservation, and continues to lead the industry through unparalleled innovation and thought leadership on these issues. The privately-held company is headquartered in Mountain View, California, with offices in New York, Los Angeles, Chicago, and Houston. For more information, visit http://www.pss-systems.com.

About FTVentures

FTVentures provides growth capital to companies seeking to finance organic expansion, recapitalizations, build-ups and buyouts. The firm invests in software and business services companies that derive value from its unmatched Global Partner Network, which includes many of the world's leading fina
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