PSS Systems

Mountain View, United States Founded: 2004 • Age: 22 yrs Acquired By IBM
legal holds and retention practices

About PSS Systems

PSS Systems is a company based in Mountain View (United States) founded in 2004 was acquired by IBM in October 2010. PSS Systems has raised $18 million across 2 funding rounds from investors including IBM, Lightspeed Venture Partners and Hercules Capital. PSS Systems operates in a competitive market with competitors including Consilio, Lighthouse, Kazeon Systems, AccessData and RenewData, among others.

  • Headquarter Mountain View, United States
  • Sectors
    Professional & Legal Services
  • Website pss-systems.com
  • Social LinkedIn X
  • Acquired by IBM (Oct 2010)
  • Legal Name Pss Systems, Inc
Key Metrics
  • Total Equity Funding
    $18M (USD)

    in 2 rounds

  • Latest Funding Round
    $18M (USD), Series D

    Jun 2008

  • Investors
    IBM

    & 6 more

  • Acquired by
    IBM

    & 1 more

    (Oct 2010)

Funding Insights of PSS Systems

PSS Systems has successfully raised a total of $18M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $18 million completed in June 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $18M
  • Total Rounds 2
  • Last Round Series D β€” $18M
  • First Round $5M

    (Mar 2007)

  • Investors Count 6

All 2 funding rounds of PSS Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2008$18MSeries D–FTV Capital
Mar 2007$5MDebt – Venture––
Valuation history

7 investors in total: 7 institutional.

Investors in PSS Systems

PSS Systems has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include IBM, Lightspeed Venture Partners and Hercules Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage US tech companies are invested in by the firm.
–granitevc.comSan Francisco, United States
Early-stage investments are targeted by Azure Capital Partners.
2000azurecap.comSan Francisco, United States
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
1997lsvp.comMenlo Park, United States
Private equity investment firm
–ftvcapital.comSan Francisco, United States
Venture debt financing is provided to companies in multiple sectors.
2003htgc.comPalo Alto, United States
Invests in growth-stage tech firms for capital and buyout solutions in Europe.
1998cipiopartners.comMunich, Germany
Hybrid cloud and DevOps automation are delivered to enterprises.
1911ibm.comUnited States
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Investor details for PSS Systems

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Timeline of PSS Systems

5 dated milestones of PSS Systems across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded PSS Systems is founded.
  2. Funding First funding round of $5.0M.
  3. Funding Latest funding round, Series D, of $18.0M.
  4. Exit Acquired by IBM.
  5. Exit Acquired by IBM.

Competitors of PSS Systems

PSS Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Consilio, Lighthouse, Kazeon Systems, AccessData and RenewData, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
consilio.com2002–$12M–
Cloud-based ediscovery software and services are provided to law firms.
lighthouseglobal.com1995Seattle, United States$39.49M31
Lighthouse is recognized for providing eDiscovery and AI-driven legal solutions.
kazeon.com2003Mountain View, United States$46M77
Legal e-discovery and information management services are offered.
accessdata.com1987Lindon, United States$20M107
Digital forensics, e-discovery, and incident response solutions are provided.
renewdata.com2001Austin, United States$41.4M–
eDiscovery and forensic services are provided for legal needs.
page-vault.com2012Chicago, United States$3.08M15
Webpage content is captured forensically by legal eDiscovery professionals.
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Detailed competitors of PSS Systems

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Web traffic of PSS Systems

Websites that share an audience with PSS Systems (pss-systems.com).

Similar websites

Websites whose visitors overlap most with PSS Systems. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
zequel.com
100%
––View details
safend.com
100%
––View details
delta-risk.net
delta-risk.net
100%
–––
ruskwig.com
ruskwig.com
100%
–––
citicus.com
100%
1.3K#14,166,727View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 17 similar websites and full traffic analytics for PSS Systems

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  • Audience overlap
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Latest news on Pss Systems

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Complete news archive for PSS Systems

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  • Source and publication date
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  • Brand-specific news history

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Similar companies to PSS Systems

10 companies that operate in the same segment as PSS Systems (Legal Tech), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud and AI-based electronic signatures and contract management are provided.
2003San Francisco, California, United StatesUSD 520 MUSD 3.22 B6,840
Legal practice management software is provided for law firm operations.
2007Burnaby, British Columbia, CanadaUSD 1.79 B––
AI-powered software for contract drafting and management is provided.
2017IndiaUSD 112.95 MUSD 2.43 M162
Contract lifecycle management software is developed using AI-powered intelligence.
2016San Carlos, California, United StatesUSD 154.69 M––
AI-powered ediscovery platform streamlines investigations and workflows.
2012Houston, Texas, United StatesUSD 194.03 MUSD 156.85 M561
AI-powered software for legal contract management is utilized.
2012Lehi, Utah, United StatesUSD 170.95 M––
Cloud-based legal management and data services are provided for businesses.
2008Toronto, Ontario, Canada–USD 7.63 B26,400
AI-driven legal research platform for attorneys is operated.
2013San Francisco, California, United StatesUSD 67.83 M––
Online legal services are offered to businesses and families.
2008San Francisco, California, United StatesUSD 288.44 M––
SaaS-driven property management software for owners and residential property managers
2006Santa Barbara, California, United StatesUSD 30 MUSD 950.82 M1,630
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Frequently Asked Questions about PSS Systems

PSS Systems was founded in 2004 and raised its 1st funding round 3 years after it was founded.

PSS Systems is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.

PSS Systems is a funded company, having raised a total of $18M across 2 funding rounds to date. The company's 1st funding round was a Debt – Venture of $5M, raised on Mar 2007.

PSS Systems was founded in 2004 in Mountain View, United States, focusing on the legal technology sector. Solutions for legal holds and retention challenges are provided through the Atlas Solution Suite platform. Practices in retention, preservation, and privacy are advanced across the industry via involvement in the Corporate Governance and Oversight Council, a community for corporate practitioners. Operations emphasize compliance and governance tools for organizations.

PSS Systems's top competitors include Lighthouse, Consilio and Kazeon Systems.

PSS Systems has 7 investors. Key investors include IBM, Lightspeed Venture Partners, Hercules Capital, Azure Capital Partners, and Granite Ventures.

PSS Systems operates through Pss Systems, Inc.

Yes. PSS Systems was acquired by IBM in October 2010.

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