Txtsmarter, Llc Announces Closing Of Funding Round And Appoints New Chief Executive Officer
08/26/22, 12:49 PM
Location
san mateoIndustry
information technology
txtsmarter, a secure pipeline for full communications capture across private messaging applications, platforms, and services, announced today the completion of its Series A funding round. Textsmarter LLC, which recently won two global regulatory awards for "Most Innovative Use of Alternative Data in Regulatory Compliance" and "Leading Innovators in Communications Data Leak Mitigation," will use the funds to expand its services in the US and European enterprise markets, to enable companies in highly regulated industries to respond to increasing oversight from regulatory agencies.
Company Info
Location
400 concar drive
san mateo, california, united states
Additional Info
txtsmarter, based in San Mateo, California, is an award winning Communications Surveillance Service, which captures & archives previously inaccessible data from text messaging and social media platforms, including Apple iMessage, Android SMS/MMS, WhatsApp, in real-time mitigating compliance and communication data leaks for organizations in highly regulated industries.
SEC Rules 17a-3 & 17a-4, Rule 204-2 of the US Investment Advisers Act and FINRA Rule 4511 require all written business-related communications, including email, instant messaging, Bloomberg, Thomson Reuters, text messaging, Twitter, Facebook, LinkedIn, Instagram and all other social media to be retained for record retention purposes for all employees.
Only txtsmarter has resolved this huge problem, capturing and syncing data using native SMS applications into platforms protecting regulated industries fully while guarding against spoliation and federal agency compliance infractions.
Over 18.7 billion text messages are sent daily, not including app-to-app messaging.
We offer a solution that provides unprecedented capabilities to support monitoring, rules application and pre/post-incident reporting.
txtsmarter provides unprecedented capabilities to support monitoring, rules application and pre/post-incident reporting. txtsmarter benefits compliance organizations with significant risk avoidance and cost reductions with quick implementation