Austin Business Journal ranks RenewData as 2nd Overall in the Over $10 Million in Revenue Category
Austin TX, October 31, 2006 - RenewData, a leader in Information Governance solutions providing electronic discovery, email archiving and compliance solutions for corporations and law firms, has been ranked second in the Fastest Growing Private Companies in Austin. The award, given by the Austin Business Journal, identifies companies in the central Texas area that have shown impressive average revenue growth when combining figures from the last three years. This marks the second consecutive year of recognition, as RenewData was also cited as number two in the 2005 list. Revenues for RenewData have grown from $4.2 million in net revenue in 2003 to $30.5 million in net revenue in 2005.
"Our company was built in such a way that allows us to adapt and scale in order to serve the needs of the industry," noted RenewData's CEO Bob Gomes. "We have continued to listen to the dilemmas of our clients and the industry as a whole. In response, we have developed comprehensive legal and compliance services that not only solve immediate requirements, but that provide progressive, proactive solutions for their future legal matters."
RenewData has grown from 35 employees in 2003 to its present staff of 218 employees and full-time equivalents. RenewData is headquartered in Austin with regional offices in New York, Washington D.C. and Minneapolis.
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