Veriato
 | This article reads like a press release or a news article and may be largely based on routine coverage. (December 2023) |
 | |
| Company type | Private Company[1] |
|---|---|
| Industry | Software |
| Founded | 1998−2016 as SpectorSoft 2016 renamed Veriato[2] |
| Headquarters | West Palm Beach, Florida United States |
Key people | Elizabeth Harz (CEO) |
| Products | Insider Risk Management & User Monitoring Software |
| Website | veriato |
Veriato, formerly known as SpectorSoft, is a software company that develops and sells user behavior analytics and employee monitoring software.
It is based in West Palm Beach, Florida, United States.[3]
History
[edit]Founded in 1998, the company was an early entrant in internet monitoring software.[citation needed]
In 2008, private equity firms Harbourvest Partners and WestView Capital Partners invested in the company, taking a majority ownership position.[4] SpectorSoft originally serviced both consumer and business customers, but no longer sells software for consumer or home use.[5]
In 2011, the company opened their West Palm Beach office and London office.[citation needed]
In 2012 SpectorSoft acquired the assets of Corner Bowl Software.[6]
On March 31, 2015, the company completely exited the consumer market.
In 2016 the company was renamed Veriato, Inc.[2]
On June 12, 2019, Veriato was acquired by Awareness Technologies.[7]
On December 7, 2020, Awareness Technologies was acquired by TZP Group, a multi-strategy private equity firm.[8]
Patent Infringement case
[edit]Patent Infringement Case Helios Software LLC et al. v. SpectorSoft Corporation has concluded. In September 2014, the Court granted summary judgment of non-infringement as to the ‘571 and ‘237 Patents.[9] In June 2015, after a five-day trial, a jury returned a verdict of no direct or indirect infringement by SpectorSoft of the ‘304 Patent, and also found several of the asserted claims of that patent invalid as both anticipated and rendered obvious by prior art (see Docket Entry No. 615 for Civ. No. 12-081-LPS).[10]
See also
[edit]References
[edit]- ^ "Veriato Inc.: Private Company Information - Businessweek". Bloomberg News.
- ^ a b "SpectorSoft Changes Name to Veriato to Reflect Growing Demand for Corporate Truth | Business Wire". businesswire.com. March 15, 2016. Retrieved April 11, 2016.
- ^ "Veriato Inc - Company Profile and News". Bloomberg.com. Retrieved May 28, 2022.
- ^ "WestView Capital Partners". www.wvcapital.com. Archived from the original on March 10, 2015. Retrieved July 31, 2015.
- ^ "Monitoring Software | Computer And Internet Monitoring | SpectorSoft". spectorsoft.com. Archived from the original on May 23, 2007. Retrieved July 31, 2015.
- ^ "Release of SpectorSoft Server Manager Centralizes and Automates Server Monitoring, Provides Increased Systems Uptime and Simplified Compliance Reporting". www.spectorsoft.com. Archived from the original on March 31, 2015. Retrieved July 31, 2015.
- ^ "Akerman Represents Veriato, Inc. In its Sale to Awareness Technologies".
- ^ "TZP Group Acquires Awareness Technologies".
- ^ IPspotlight files @ Wordpress.com: Legal opinion on Patent Infringement Case Helios Software LLC et al. v. SpectorSoft Corporation
- ^ "Sflaw.com/PR-SpectorSoft". Archived from the original on March 4, 2016. Retrieved September 14, 2015.