Fortiva
Fortiva was a software as a service based email archiving company. Founded in 2005 by Paul Chen, the former CEO and founder of FloNetwork. Fortiva's SaaS email archiving service introduced a "hybrid" method, taking advantage of storage and services "in the cloud" while leaving control over email services at the customer site. As a result, the company claimed to offer businesses the benefits of an in-house product with the advantages of a managed solution.
Fortiva was acquired in May, 2008 by Sunnyvale, California-based security company Proofpoint, Inc.
History
The company was created in response to the growing legal and regulatory challenges that email presents for businesses, in combination with storage challenges. It was also one of the early companies to build a product "from the ground up" as using software as a service, and was recognized early on as a unique solution to the challenge of securely storing and retrieving email without maintaining all data in-house.Fortiva launched in February 2005, after raising an initial $5 million in funding round, releasing its first product, and lining up two customers as references. Fortiva was backed by venture capital firms McLean Watson and Ventures West. The full series A funding, totalling $8 million was announced in September 2008.
Fortiva was acquired in May, 2008 by Proofpoint, Inc. Its archiving service continues to be marketed and sold under the Proofpoint name.