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Nayatek, a Newark, Del.-based startup that develops information management solutions for the enterprise market, has raised an undisclosed amount in first round of venture funding led by Originate Ventures. Nayatek’s solutions provide comprehensive Content Archiving, EDiscovery, Storage Management and Compliance features to enterprises.
The funding will be used to accelerate global sales efforts and further value-added product development investments for Nayatek’s next generation content archiving platform, Datosphere.
“We are very bullish about the future even in a tough economic climate”, said Marc Olson, Nayatek’s CEO. “The explosion in the volume of corporate content shows no signs of slowing and its impact upon organizations will only continue to grow as a result of the current financial challenges in the global markets. We believe that Datosphere’s dynamic grid architecture, its integrated redundancies and forensic security model that underpin its comprehensive Content Archiving, EDiscovery, Storage Management and Compliance functionality will revolutionize how organizations capture, index, store, secure, manage, retain and discover their ESI”, Olson added.
