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Exterro

Provides software for legal, privacy, and cybersecurity risk management.

Discussion
aicybersecurityenterprise-softwarefinancial-servicesit-serviceslegal-servicesregtech

Company facts

Founded
2004
Employees
600
Headquarters
United States
CEO
Bobby Balachandran
Type
Private
Funding
Series E · $100M · 2022
Subsidiaries
AccessData, Zapproved, Divebell

About

Exterro's journey began in 2004, founded by Bobby Balachandran with a clear and simple vision: to revolutionize how organizations manage digital information by applying the principles of process optimization and data science. The initial idea was that this approach would lead to more successful outcomes at a significantly lower cost for legal departments, which, unlike other corporate functions, lacked unifying technology to optimize tasks and drive operational efficiencies. This foundational concept propelled Exterro from a bootstrapped startup into a recognized leader in the Legal Governance, Risk, and Compliance (GRC) software market. The company was the first to specifically design technologies to automate the complex regulatory, data governance, risk, and compliance processes managed by in-house corporate counsels, legal departments, and law firms. Over the years, Exterro has remained steadfastly committed to its founding vision. This commitment has fueled its growth and evolution into a provider of a fully integrated data risk management platform. This platform empowers clients to effectively address a wide spectrum of challenges, including regulatory compliance, litigation, cybersecurity risks, and digital investigations. Through a combination of organic growth and strategic acquisitions, such as AccessData in the forensics space and Divebell for data discovery, Exterro has consistently expanded its capabilities and market reach. The company now serves thousands of teams globally, including corporations, law firms, managed services providers, and government and law enforcement agencies. Exterro's AI-driven solutions aim to provide accurate, actionable insights, enabling businesses to ensure compliance, reduce risks, and streamline operations, all while lowering costs. This dedication to innovation and customer success has solidified Exterro's position as a key player in helping organizations navigate the increasingly complex landscape of data risk management, with a global footprint that includes offices in the US, UK, Germany, and India.

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