Company Research Report: Asigra Inc.

Company Overview

Name and Mission

Company Name: Asigra Inc.
Mission: Asigra is dedicated to protecting business-critical cloud data and providing comprehensive backup and recovery solutions to ensure business continuity.

Foundation and Leadership

• Founded: 1986

• Founder: David Farajun

• Key People:

• David Farajun, Founder & Board Chairman

• Eric Simmons, Chief Executive Officer (CEO)

• Val Silva, Chief Technology Officer (CTO)

• Stephen Thomas, Chief Revenue Officer (CRO)

• Jeannine Edwards, Vice President, Marketing

• Tom Tentoglou, Vice President, Product Design

Location and Workforce

• Headquarters: 4711 Yonge Street, Suite 10098, North York, ON M2N 6K8

• Number of Employees: No information is available

Financials

• Revenue: No information is available

Core Competency

Known For: Asigra is renowned for its reliability and innovation in backup and recovery software, particularly in safeguarding SaaS data against ransomware and other threats.

Products

Product Offering

Primary Product: SaaSAssure

SaaSAssure

• Description: SaaSAssure is a cutting-edge solution designed to protect and recover business-critical SaaS data from various cloud applications.

• Key Features:

• Comprehensive SaaS Data Protection: It offers the broadest SaaS app coverage, ensuring data assurance, control, risk, and compliance mitigation, as well as ransomware protection.

• Quick Setup and User-Friendly Interface: Initiates protection in under 5 minutes with automated backup, restore, and point-in-time restore functionalities.

• All-in-One Management Console: Provides dashboard insights for required actions and notifications, multi-tenant capabilities to maximize IT resources.

• Security Features:

• Multiperson Approval (MPA) for destructive actions

• Multifactor Authorization (MFA)

• AES 256-bit encryption

• Flexible Storage Options: Supports Asigra Cloud Storage and Bring Your Own Storage (BYOS), with considerations for data sovereignty.

• AI and Data Management: Incorporates AI and machine learning for data analysis.

\ For services where automated recovery is available.

Recent Developments

Recent Developments and News

• SaaS Adoption and Market Presence:

• Asigra launched SaaSAssure to fill the gap in SaaS data protection as the market for SaaS applications continues to grow rapidly.

• This new product has expanded coverage beyond Microsoft 365 and Google Workspace to a broader array of SaaS applications as of June 2024.

New Products and Features

• Product Launch:

• SaaSAssure: General availability was announced on June 4, 2024, creating buzz as a comprehensive data protection platform tailored for SaaS environments.

Partnerships and Collaborations

• Collaborations:

• Partnership with Augmentt to enhance Managed Service Providers' (MSPs) ability to secure SaaS applications, utilizing SaaSAssure's backup capabilities.

In Conclusion

Asigra Inc., with a legacy spanning over 30 years, continues to be an influential leader in the backup and recovery industry. Through innovations like SaaSAssure, the company addresses the pressing need for securing SaaS applications against data loss and ransomware threats, aligning itself at the forefront of data protection technology.