Monday, November 1, 2010

LiveOffice Claims Another Quarter Of Growth

Torrance-based LiveOffice, which provides hosted email archiving, email compliance, and backup services, reports today that it has what it says was another great quarter for growth. The privately held company did not release actual financials, however, only saying it saw a growth rate of 141 percent in terms of mailboxes sold on its LiveOffice Personal Archive product. The firm has annual revenues somewhere north of $26M, according to numbers released through recent growth awards awarded to the firm. LiveOffice claimed it saw a "sharp increase" in the number of enterprises adopting its cloud-based products. LiveOffice attributed the growth to its channel sales efforts.