Veriato

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For the American professional golfer, see Steve Veriato.

Veriato, Inc.
Company typePrivate Company[1]
IndustrySoftware
Founded1998−2016 as SpectorSoft
2016 renamed Veriato [2]
HeadquartersWest Palm Beach, Florida
United States
Key people
Elizabeth Harz (CEO)
ProductsInsider Risk Management & User Monitoring Software
Websitehttps://veriato.com

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 07, 2020, Awareness Technologies was acquired by TZP Group, a multi-strategy private equity firm.[8]

Awards and honors[edit]

Spector Pro was given the PC Magazine editors' choice award in a 2002 review of six computer activity monitoring tools.[9] In 2004, version 5.0 of Spector Pro was again given the editors' choice award from a field of four programs.[10] In 2008 Spector 360 SR3 won the PC Magazine editors' choice award.[11] In 2004, SpectorSoft was listed for the first time as one of Inc. magazine's Top 500 fastest-growing private companies in America, at position 224.[12] The company achieved a position on the list once again in 2005 at number 497.[13] In 2009 SpectorSoft made the list of Inc. 5000 Companies at number 3340.[14] In 2010 and 2011 SpectorSoft again made the Inc. Magazine 500/5000 list.

Spectorsoft−Veriato products have been mentioned in ZDNET, PC/Computing, Time, CNN, NBC Nightly News, The New York Times and The Wall Street Journal.[15]

In 2014, Spectorsoft won the SC Magazine Europe Best Fraude Prevention Award[16] and the Best of Interop 2014 - Security Award [17] for their Spector 360 Recon product

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.[18] 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).[19]

See also[edit]

References[edit]

  1. ^ "Veriato Inc.: Private Company Information - Businessweek". Bloomberg News.
  2. ^ 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.
  3. ^ "Veriato Inc - Company Profile and News". Bloomberg.com. Retrieved May 28, 2022.
  4. ^ "WestView Capital Partners". www.wvcapital.com. Archived from the original on March 10, 2015. Retrieved July 31, 2015.
  5. ^ "Monitoring Software | Computer And Internet Monitoring | SpectorSoft". spectorsoft.com. Archived from the original on May 23, 2007. Retrieved July 31, 2015.
  6. ^ "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.
  7. ^ "Akerman Represents Veriato, Inc. In its Sale to Awareness Technologies".
  8. ^ "TZP Group Acquires Awareness Technologies".
  9. ^ Glass, Brett (January 7, 2002). "Watching You, Watching Me – Spector Pro reviewed by PC Magazine". PC Magazine. Archived from the original on December 20, 2006. Retrieved January 15, 2007. Spector Pro – Editors Choice ... A descendant of the Netbus Trojan horse
  10. ^ Delaney, Laura (March 8, 2004). "Monitoring Software- Reviewed by PC Magazine". PC Magazine. Archived from the original on April 12, 2008. Retrieved January 15, 2007.
  11. ^ Sarrel, Matthew (June 17, 2008). "Monitoring Software- Reviewed by PC Magazine". PC Magazine. Retrieved June 15, 2008.
  12. ^ "Inc 500 2004 (ranked 224)". Inc Magazine. 2004. Retrieved January 15, 2007.
  13. ^ "Inc 500 2005 (ranked 497)". Inc Magazine. 2005. Retrieved January 15, 2007.
  14. ^ "Inc 5000 2009 (ranked 3314)". Inc Magazine. 2009. Retrieved September 9, 2009.
  15. ^ "Spectorsoft – Press Mentions". Spectorsoft. Archived from the original on June 21, 2007. Retrieved May 23, 2007.
  16. ^ "2014 SC Awards Europe Winners". Retrieved September 16, 2015.
  17. ^ "SpectorSoft Selected as Winner of Best of Interop 2014 Award in the Security Category". Reuters. April 8, 2014. Retrieved September 16, 2015.[dead link]
  18. ^ IPspotlight files @ Wordpress.com: Legal opinion on Patent Infringement Case Helios Software LLC et al. v. SpectorSoft Corporation
  19. ^ "Sflaw.com/PR-SpectorSoft". Archived from the original on March 4, 2016. Retrieved September 14, 2015.
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