PSS Systems gets another $18M for legal document software
PSS Systems, which dubs itself as “the standard for legal hold and management software” (basically document policy software), has closed a fourth round of funding
The plan is to use the money to expand PSS Systems’ legal governance product portfolio and its presence in the US and European markets. The company is not yet profitable, but expects to be this year.
PSS Systems’ retention and prevention software packages are used by several large corporations including Citigroup, Merrill… Continue Reading
PSS Systems, data retention software co., raises $5M in debt
PSS Systems, a Mountain View, Calif. company that helps businesses comply with legal regulations on data retention laws by offering so-called “legal holds and retention management” software, has raised $5 million in debt.
Hercules Technology Growth Capital said it was among those providing the debt. PSS has previously been backed by Azure Capital Partners, Lightspeed Venture Partners and others.