Akonix Systems
Messaging solutions and risk management tools for instant messaging compliance and application integration
About Akonix Systems
Akonix Systems, founded in 2000, specialized in enterprise software solutions for instant messaging (IM) security, compliance, and management. The company operated in the communication software industry, providing tools for businesses to manage and secure their real-time communication channels. Akonix's business model centered on selling both software and hardware appliances, coupled with user license fees, to enterprise clients concerned with the risks and regulatory requirements associated with corporate IM usage.
The company addressed the growing need for organizations to control and monitor instant messaging on their networks. Its products were designed to protect against security threats like viruses and worms, prevent unauthorized or anonymous IM use, and ensure compliance with regulations such as Sarbanes-Oxley and HIPAA by logging and archiving conversations. One of its flagship products was the Akonix L7 CM5000, a rack-mountable server appliance that came pre-configured with Akonix's L7 Enterprise and Enforcer software. This all-in-one solution was aimed at IT departments seeking a simple-to-deploy system for managing IM across both public and enterprise networks, and could also block peer-to-peer file-sharing applications. As of 2005, the appliance was priced at $10,000 plus user fees.
Beyond security, Akonix developed the Akonix L7 Builder, a platform enabling developers to integrate IM and presence information into other enterprise applications and workflows. This allowed businesses to create IM-based applications, such as interactive bots for data queries, real-time alert notifications, and enhanced customer service routing. The company secured funding from several venture capital firms, including Menlo Ventures, Mission Ventures, Palomar Ventures, and Windward Ventures. Akonix Systems operated as an independent entity until August 2008, when it was acquired by Quest Software.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2000
- Headquarters
- San Diego, United States
- Employees
- 20
- Open positions
- None listed
- Dealroom signal
- 37.2/100
- Industry
- Marketing
- Sub-industry
- CRM & Sales
- Sector
- Marketing, Risk Management, SaaS, Messaging, Compliance, Community, Branding, Platform, Regtech Compliance
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Aug 2008 | $0 | — | Quest Software | — |
| SERIES B✓Equity / VC | Dec 2003 | $11M | $44M | Mission Ventures · Windward Ventures · Menlo Ventures · Palomar Ventures | — |
Growth signals
Latest recorded traffic for Akonix Systems is 120 monthly website visits, up 9.1% over the last three months. Akonix Systems's team grew 5.3% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
Mission VenturesWindward Ventures
Menlo Ventures- PVPalomar Ventures
Other known investors1 additional known investor
Quest Software
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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