Enterprise Software - Wednesday, May 25, 2005
Attenex - Profile
HQ: Seattle, WA
Founded: 2001
Management: Brian Schlosser is CEO. Previously, Schlosser was the founder and CEO of Interimage, Inc. a sales support company focused on delivering training, product integration and customization for advanced imaging solutions.
Investors: Just raised $5M with Voyager Capital as the lead.
Business Model: Big time corporate litigations involve reams of documents - literally rooms full of boxes with every manner of document. And now with electonic documents, lawyers need a way to manage all this data. Attenex's software provides a framework to manage both automated and manual processes during document discovery. Attenex claims its customers are seeing a 30% reduction in document production costs and an increase in reviewers' work capacity.
Competition: InterLegis, FIOS
Dirt: Attenex was spun-out of Preston Gates & Ellis LLP, a Seattle-based law firm established in 1883, with 400 attorneys. The underlying technology was initially developed in connection with complex litigation, beginning in 1989 with management of documents in the Exxon Valdez case.
Edmonton dominated the Carolina Hurricanes on Saturday night and the 4-0 margin in Game 6 makes it hard to imagine the Oilers not hoisting hockey's Holy Grail above their heads in less than 48 hours. And it would not come as any shock to see defenseman Chris Pronger, who had another 31-minute night, take the honors for the Conn Smythe Trophy as the playoff MVP.
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