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SecureDocs Market Insights By The Numbers: October 26, 2015

Market Insights By The Numbers October 23

SecureDocs Virtual Data Room launches Market Insights By the Numbers. A weekly review of top industry transactions, security news, insights into the SecureDocs user stats, and a wrap up of weekly complementary resources, courtesy of SecureDocs. Enjoy!

Transaction news

$150 Million 

Congratulations to SecureDocs client Ansibleworks, an IT automation SaaS solution, who is set to be acquired by Redhat. As everyone knows, Ansible refers to a fictional computer capable of instantaneous communication. I had to look it up on Google to see what it meant. Then I looked up Google on Google to see what that meant. If you have to look up the meaning of a company's name on Google, they are probably worth $100MM+. (Redhat buys Ansibleworks)

$19 Billion

The hardware industry got tired of hearing how software was eating the world, so they did something about it and are doing a collective group hug. Western Digital announced that it had acquired Sandisk for some cash they had laying around the house. Software may make all the headlines, but at $19 Billion dollars, this transaction ranks as one of the largest in any industry this year and continues a trend of large hardware mergers that includes Lam Research and KLA-Tencor (10.6B), Avago's acquistion of Broadcom ($37B), and NXP Semiconductor's acquisition of Freescale Semiconductors ($12B). (Western Digital Buys Sandisk)

$700 Million

Yidao Yongche doesn't roll of the tongue like Uber, or Lyft, but with a $700MM investment, this ride sharing app from China has achieved Unicorn status in what's beginning to look like a herd of Unicorns in the ride-sharing arena. China may be going through some economic hiccups, but a Billion people and Billions of capital to invest = opportunity for many startups based there and here. (TechCrunch)

Security News

$5.5 Million

Sony has settled a class action suit filed by employees whose data was hacked due to poor corporate security. The settlement itself is somewhat notable in that it sets a precedent for companies being liable for securing their employees personal information like social security numbers. Oooops. CFOs everywhere are jotting down 2 Factor Authentication on their To-Do list. (Sony Settlement for Employee Data Breach)

SecureDocs User Stats


That's the number of SecureDocs virtual data room users that have 2 factor authentication turned on to prevent hackers from stealing trade secrets, contracts, and other company information in Securedocs.


That's the number of documents SecureDocs users apply watermarks to in order to discourage and prevent unauthorized sharing of key corporate information. Watermarks identify the user viewing the documents, making leaks traceable back to the source.


That's the number of SecureDocs non-admin users on a custom user role. This means that they have been assigned a unique permission profile based on the folders that a user should have access too.

 SecureDocs Resource Wrap up


Webinar Recap: Raising Capital From Life Science Investors

On October 22, 2015, we hosted a valuable webinar with Life Science Nation (LSN) featuring Michael Quigley, Director of Research for LSN. During the webinar Michael discussed his views and experiences on raising capital in the life science space, as well as key best practices when seeking out and working with investors. (Read more)


Corporate Repository: Rethinking the Way You Do Business

A Virtual Data Room (VDR) is often called a corporate repository, and serves as an online repository of final business documents. VDRs are typically used to house and share critical business information with investors or company leadership while providing a secure and controlled environment to do so. While many startups may fall into the trap of utilizing collaboration tools like Dropbox or Google Drive for this type of storage, a VDR is a more secure and dedicated service made specifically for business. (Read More)


Due Diligece Checklist

Whether you are raising funds, selling a company, licensing IP, or preparing for an audit we know that preparing for due diligence can be time consuming and stressful. Download your copy of the SecureDocs Due Diligence Checklist and get organized today. (Download Here)


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