WALTHAM, Mass.--(BUSINESS WIRE)--Rand Secure Data, a leading provider of data governance solutions, today announced that it has rebranded to Zovy LLC. The rebrand follows an acquisition of the company by Alta Equity Partners on September 24, 2014 and represents a renewed commitment to serve the enterprise marketplace with best-in-class proven technology to fulfill archiving, backup, and eDiscovery needs through an integrated secure platform.
“At Alta Equity Partners, we recognized the ability of Zovy to deliver the highest level of customer success in their data governance solutions. Alta’s goal is to enable the organization to accelerate growth by providing additional growth capital and strategic support,” said Jessica Reed, partner at Alta Equity Partners. “Zovy has a unique combination of technical expertise, industry experience, and superior ability to support customers, all of which motivated us to acquire this exciting organization.”
“Zovy will continue to take a proactive approach towards security and privacy of customers’ data while continuing to deliver best-in-class data governance solutions,” said Chris Grossman, CEO of Zovy LLC. “In today’s environment we recognize that clients demand industry expertise, a proven technology, and most importantly confidence that their data is secure whether hosted in our data centers or at their location. This acquisition, along with expanded agreements with our strategic partners, will allow Zovy to continue to grow in both size and capability, and with the highest level of security infrastructure.”
In addition, Zovy LLC has relocated its company headquarters to Waltham, Massachusetts and launched a new website (www.zovy.com). The new website will provide resources on data governance best practices through whitepapers and case studies while describing how Zovy takes an innovative approach to data governance that enables its customers to successfully manage enterprise data.
About Zovy LLC
Zovy provides data governance solutions that combine security, privacy and performance to effectively protect and manage enterprise data. Zovy offers an integrated platform for data archiving, email archiving, backup and eDiscovery that enables companies to secure their data, simplify IT strategies, satisfy compliance requirements, and easily manage and search data for business needs. Zovy combines superior customer service with industry expertise to create and implement practical data governance solutions for customers of any size. Zovy is headquartered in Waltham, Massachusetts.
About Alta Equity Partners
Based in Waltham, Massachusetts, Alta Equity Partners is a private equity firm broadly focused on making investments in lower middle market companies across a variety of industries. The team has invested in more than 70 companies over the past 30 years. Within the lower middle market, Alta takes an opportunistic approach partnering with talented management teams to seek out attractive investments regardless of size, industry segment, or investment structure.
