C
Clearwell Systems
An e-discovery platform and app that enables companies to manage their legal, regulatory and investigative matters
About Clearwell Systems
Clearwell Systems, established in 2005, carved a niche in the electronic discovery (e-discovery) market by providing an integrated platform for enterprises, government bodies, and legal firms. The company was founded by Ameet Petkar, Vipin Sama, and Rahul Sharma, who leveraged their technical backgrounds to address the growing complexities of managing electronically stored information (ESI) for legal and regulatory purposes.
The firm's core offering was the Clearwell E-Discovery Platform, an appliance-based solution designed to streamline the entire e-discovery workflow. This single, integrated product managed identification, collection, preservation, processing, analysis, review, and production of data. A key selling point was its rapid deployment, becoming operational in under 25 minutes, which allowed legal and forensics teams to quickly gain visibility into case facts and accelerate early case assessments. The platform incorporated features like advanced filtering, visual analytics, discussion threading, and relevance ranking to intelligently reduce data volumes, thereby lowering review costs and increasing efficiency. Its business model centered on selling this appliance-based platform, offering a fixed-capacity pricing structure as an alternative to the per-unit pricing common among service providers.
Clearwell catered to a high-profile clientele, including Microsoft, Johnson & Johnson, Lockheed Martin, and various government departments. The company's trajectory culminated in a significant milestone on May 19, 2011, when Symantec announced its acquisition of Clearwell for approximately $390 million. The acquisition was completed on June 24, 2011, integrating Clearwell's platform into Symantec's Information Management Group. This move was driven by the goal of combining Clearwell's e-discovery capabilities with Symantec's existing archiving and data protection products like Enterprise Vault and NetBackup to offer a comprehensive information governance solution.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2004
- Headquarters
- Mountain View, United States
- Employees
- 13
- Open positions
- None listed
- Dealroom signal
- 62.5/100
- Industry
- Legal, Enterprise Software
- Sub-industry
- Legal Documents Management
- Sector
- Other B2B Software, Compliance, App, Platform, Regtech Compliance
- Technology
- Mobile app
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | May 2011 | $390M | $390M | Symantec | — |
| SERIES C✓Equity / VC | Aug 2007 | $17M | $68M | DAG Ventures | — |
Growth signals
Latest recorded traffic for Clearwell Systems is 6.7K monthly website visits. Clearwell Systems's team grew 0% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
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 A1 investor entered at this stage
Series B and later1 investor entered at this stage
Other known investors2 additional known investors
Symantec
Sequoia
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Clearwell Systems on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Clearwell Systems’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.









