September 25, 2016 9:02 AM ET

Software

Company Overview of Actiance, Inc.

Company Overview

Actiance, Inc. provides communication, collaboration, and social media governance solutions for enterprises and banks in North America, Europe, and Latin America. It offers The Actiance Platform to enable the communication, collaboration, and social networking tools for business needs; Vantage that simplifies management and compliance for enterprise communication and collaboration; and Socialite that enables employees to use social networks from any device with the protection need to meet regulatory requirements. The company’s platform lets people connect using unified communications, enterprise social software, instant messaging, social networks, and custom-built enterprise apps. Actiance, ...

1400 Seaport Boulevard

Building B

Third Floor

Redwood City, CA 94063

United States

Founded in 1998

Phone:

650-631-6300

Fax:

650-598-2820

Key Executives for Actiance, Inc.

Chief Executive Officer, President and Director
Chief Financial Officer
General Counsel
Head of Marketing and Senior Director of Corporate Communications
Senior Vice President of Business Development
Age: 55
Compensation as of Fiscal Year 2016.

Actiance, Inc. Key Developments

Actiance Announces Support for Instagram

Actiance announced enhanced Actiance Socialite support for Instagram, ensuring that companies using Instagram as an enterprise communication tool meet compliance mandates. Now companies using Instagram to engage with customers, build brand awareness, and communicate with employees can monitor, archive, and generate analytics for Instagram posts, images, and comments. Actiance Socialite enables companies to capture social media posts in context and retain data, including the images, for instant search and retrieval. Businesses are increasingly adopting Instagram within the enterprise as a tool for building brand awareness and connecting with prospects and customers. Half of all Instagram users follow a brand and 60% of users learn about products and services via the mobile application. As a result, Instagram recently announced a suite of new tools for businesses to meet their unique needs. Companies adopting Instagram and other social channels must acknowledge that these channels are visible and subject to regulatory scrutiny. For example, regulatory bodies classify Instagram posts as advertisements and exchanged comments as business records. Similar to traditional channels like email, failure to follow compliance regulations on social media, such as the Securities and Exchange Commission (SEC) Rule 17a4 which dictates how information must be preserved on electronic media, can lead to injunctions, fines, and costly lawsuits. Actiance Socialite creates and downloads Instagram images and comments for preservation so companies can provide proof of supervision in the event of audits, monitor Instagram activity for governance and policy enforcement, and create analytics using captured Instagram activities.

PageFreezer Partners with Actiance to Release the Latest in Social Media Archiving

PageFreezer and Actiance are announce a new partnership. Together, the two firms will be rolling out innovative technology that captures link shares within social media posts. This new partnership will offer clients more accurate social media archiving, enabling them to effectively prove what was communicated on social media at any given moment in time. Actiance and PageFreezer together conquer social media compliance through archiving technology that automatically captures webpage links shared within social media posts. This capability comes as a result of, Actiance integrating PageFreezer's API to capture linked third-party web pages in their Socialite platform. The transient nature of social media channels, such as Facebook, LinkedIn and Twitter, creates unique regulatory compliance risks and added strain on legal and IT departments. The Federal Trade Commission (FTC) recently illuminated the fact that linked content in social media posts can be considered an endorsement and is subject to legal implications. Compounding social media compliance challenges is the fact that links to third-party web pages have a limited lifespan and linked webpages change over time. Organizations and individuals who fail to comply with the FTC's mandates over social channels risk injunctions, fines or other punishments, increasing the demand for a complaint social media archiving solution. The new feature will be available to all Actiance Socialite customers starting June 2016.

Actiance Appoints Naresh Bansal as Chief Financial Officer

Actiance announced the appointment of Naresh Bansal as chief financial officer. Naresh is an experienced finance executive, bringing 20 years of financial management for private and public companies,including over 10 years of executive leadership for software-as-a-service (SaaS) companies.

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