Extract from Sarena Regazzoni’s article “Hanzo Announces $10.5 Million Capital Investment To Scale Best-in-Class Digital Workplaces Discovery and Compliance Platform”
Hanzo, a technology pioneer in preserving, collecting, reviewing, and exporting dynamic, complex collaboration and web-based data sources, today announced securing substantial investment from Recurring Capital Partners totaling $10.5 million.
Hanzo brings simplicity and control to legal and compliance teams over dozens of dynamic and complex data sources such as Slack, Google Workspace, Confluence, Jira, and Trello, among others. The company plans to invest significantly in product development to expand and enhance Hanzo’s easy-to-use collaboration application ediscovery and compliance platform.
“Remote working and enterprise collaboration applications that power many of the increasingly digital-first workplaces of today, have fundamentally changed the way we create, transmit, retain, and interact with information. Legal, compliance, HR, and security teams face significant challenges searching, analyzing, and identifying the vast volumes of information within these complex data sources, leading to enterprises collectively spending hundreds of millions managing discovery and compliance processes,” said Hanzo, CEO, Julien Masanès. “Hanzo’s mission is to simplify the complexity of managing this data so that companies can manage their risk affordably.”