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|Articles - April 2012|
|Thursday, March 22, 2012|
BY LINDA BAKER
Launching a company at the height of the recession requires selling a product customers deem absolutely necessary. That’s one lesson behind the success of Zapproved, a Portland start up that helps companies manage their regulatory compliance obligations. When a firm is involved in litigation, it has to preserve all documents that are potentially relevant to the case, says CEO Monica Enand, who founded Zapproved in 2008. The company’s web-based software, Legal Hold Pro, helps clients keep track of those documents, which now include emails, texts and tweets. “Companies lose millions of dollars and get sanctioned by courts for not following their obligation,” says Enand. Zapproved “took off,” she says, precisely because so many companies must comply with legal hold rules and regulations. Enand declined to reveal gross revenues, but said the company had been “on a pretty steep ramp” in the past nine months, adding six new employees — for a total of 14 — and many new clients, including Hess Energy and the University of Pittsburgh Medical Center. As part of its marketing strategy, the company produces white papers, webinars and blog posts explaining regulatory compliance minutiae. What’s the next step? “The product has been accepted by the market,” Enand says. “Right now, it’s all about scaling sales.”
During the early months, Enand funded Zapproved out of pocket. There was a $1 million angel round in October 2009, and a second A round for $1.5 million in late 2010. Investors include TriQuint chair Steve Sharp, Steve Wynne, former president of Adidas, and Steve Singh, CEO of Concur Technologies.
“Portland is an amazing place to start a company,” says Enand. “There are a decent number of successful CEOs, not just to give you money but their learning.” The downside: “I’ve had a tough time hiring developers. There aren’t a lot of big companies that would be early adopters, so you have to go elsewhere for that.”
Wednesday, February 18, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
NBA commissioner: "I would love to end up having an All-Star Game in Portland. It's really just a function of ensuring that we can fit in town."
Friday, February 20, 2015
BY AMY MILSHTEIN | OB CONTRIBUTOR
Multilevel marketing, health claims and zyto scanner biofeedback machines: How dōTERRA thrives in Oregon.
Wednesday, April 01, 2015
BY LINDA BAKER
Leaders in Oregon's ag sector gathered this morning in Portland’s Coopers Hall winery/taproom to discuss the role of the region as an export gateway, impediments to exporting products and solutions to containerized shipping challenges.
Monday, February 23, 2015
BY JESSICA RIDGWAY | OB CONTRIBUTOR
Live, Work, Play: Catching up with Chris Johnson.
Thursday, March 26, 2015
BY JACOB PALMER
Power lunching at the Court Street Dairy Lunch in Salem.
Thursday, March 19, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
There are 278 companies licensed to operate as brewery, according to the Oregon Liquor Control Commission. Here are three new beer-making hubs slated to open soon.
Thursday, February 26, 2015
BY KIM MOORE | OB RESEARCH EDITOR
Employment in Oregon is almost back up to prerecession levels — and employers are having to work harder to entice talented staff to join their ranks. This year’s 100 Best Companies to Work For in Oregon project showcases the kind of quality workplaces that foster happy employees.
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A new report highlights how Oregon bankers are giving back to their communities.
Since 1932 Tidewater Transportation & Terminals (operating as Tidewater Barge Lines and Tidewater Terminal Company) has operated a multicommodity transportation and terminal company based in Vancouver, Washington. The friendly expression on the company’s shipping containers reflects the attitude of about 330 safety and community-conscious employees but belies how complicated the barge business really is.
The Port of The Dalles has run marine facilities since the 1930s, but they are part of a larger mission to strengthen the local economy. They focus on regional economic development with a strong bent toward adding good-paying jobs in high tech, manufacturing and other industries.
Providing attendees with unique taste of the Northwest Reception.
CFM Strategic Communications turns 25 this year and is celebrating with a revamped website, special events for firm alumni and clients, a special-label wine and a list of 25 stories about its client work over the past quarter century.
The Atkinson Graduate School of Management at Willamette University has maintained its business accreditation by AACSB International—The Association to Advance Collegiate Schools of Business.