Txt Smarter announced it raised $800,000 in an initial filing from an offering of $2 Million
09/06/22, 3:15 PM
Location
san mateo
Money raised
$800,000
Industry
information technology
Round Type
seed
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