Jump to content

SpectorSoft

From Alfawiki
Veriato, Inc.
Company typePrivate Company
IndustrySoftware
Founded1998−2016 as SpectorSoft
2016 renamed Veriato
HeadquartersWest Palm Beach, Florida
United States
Key people
Elizabeth Harz (CEO)
ProductsInsider Risk Management & User Monitoring Software
Websiteveriato.com

Veriato, previously known as SpectorSoft, is a software firm focused on user behavior analytics and employee monitoring software. Its main office is located in West Palm Beach, Florida, United States.

History

Established in 1998, Veriato was among the pioneers in internet monitoring software. In 2008, majority ownership was obtained by private equity investors Harbourvest Partners and WestView Capital Partners. Initially catering to both consumer and corporate sectors, the company fully withdrew from the consumer market by 2015 to dedicate its efforts solely to enterprise solutions.

By 2011, Veriato had expanded its presence with offices in West Palm Beach and London. The acquisition of Corner Bowl Software in 2012 broadened its offerings, especially enhancing capabilities in server monitoring and compliance reporting.

The company adopted the Veriato, Inc. name in 2016 to align with its strategic emphasis on insider risk management. On June 12, 2019, Awareness Technologies acquired Veriato. Later, on December 7, 2020, Awareness Technologies itself was purchased by TZP Group, a diversified private equity firm.

Patent Infringement case

In the patent dispute Helios Software LLC et al. v. SpectorSoft Corporation, rulings largely favored SpectorSoft. The court issued a summary judgment in September 2014 confirming non-infringement concerning the ‘571 and ‘237 patents. Following a five-day trial in June 2015, a jury concluded that SpectorSoft did not directly or indirectly infringe the ‘304 patent and invalidated multiple claims of that patent due to prior art rendering them anticipated or obvious.

See also

References