August 27, 2016 11:49 PM ET

Internet Software and Services

Company Overview of Cleversafe, Inc.

Company Overview

Cleversafe, Inc. develops Web-scale storage solutions. It offers an enterprise storage solution that enables businesses to store, manage, and access data at petabyte scale and more. The company provides content repository, Storage-as-a-Service, enterprise collaboration, backup, and archive solutions. It serves financial service and insurance, health care and life science, media and entertainment, oil and gas, service provider, and government markets worldwide. The company was founded in 2004 and is based in Chicago, Illinois. As of November 6, 2015, Cleversafe, Inc. operates as a subsidiary of International Business Machines Corporation.

222 South Riverside Plaza

Suite 1700

Chicago, IL 60606

United States

Founded in 2004

Phone:

312-423-6640

Fax:

312-575-9641

Key Executives for Cleversafe, Inc.

Chief Executive Officer, President and Director
Age: 55
Co-Founder and Vice Chairman
Co-Founder
Senior Vice President of Finance and Operations
Vice President, General Counsel and Corporate Secretary
Compensation as of Fiscal Year 2016.

Cleversafe, Inc. Key Developments

KDDI Corporate Selects Cleversafe's Web-Scale Data Storage Platform for its New Object Storage Service Within the KDDI Cloud Platform Service

KDDI Corporate selected Cleversafe's web-scale data storage platform for its new object storage service within the KDDI Cloud Platform Service (KCPS). The service provides enterprises with a cloud storage platform designed to address explosive data demands generated by the rapid growth of unstructured data. The new offering within KCPS leverages Cleversafe's web-scale software platform that delivers petabyte-and-beyond scalability. Using a patented data dispersal technology, Cleversafe's dsNet storage system divides, encrypts and disperses information across multiple data centre locations. With Cleversafe's approach, the service stores information across KDDI's three Japanese data centres.

Cleversafe, Inc. Announces Revenue Results for the First Half of 2015

Cleversafe, Inc. announced revenue results for the first half of 2015. The company announced triple-digit revenue growth in the first half of 2015, capturing new customers like the University of Chicago, Hogarth, and Solid State Solutions.

Hogarth Selects Cleversafe to Store and Protect Digital Assets Across the Globe

Cleversafe, Inc. announced that Hogarth has Cleversafe's web-scale storage software platform. Cleversafe's technology allows Hogarth to archive rich media assets created by its roster of multinational brands across the globe on a single, unified data storage hub. Beyond Hogarth and its employees, the company's clients in pharmaceutical, financial services and other highly regulated markets rely on the fact that their data is safely stored and can be retrieved quickly to ensure compliance with industry and federal regulations. Both Hogarth and its clients benefit from Cleversafe's Dispersed Storage Network®, which delivers carrier-grade security for a single copy of content before dispersing it geographically, ensuring data integrity from start to finish.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 5, 2015
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