PSS Systems raises $18,000,000

PSS Systems Inc., the leader in legal holds and retention management solutions, announced it secured $18 million in equity financing.  PSS Systems is the leader in legal governance systems, and its Atlas software is the standard for legal holds and retention policy management. In the early 2000s, the company envisioned a change in legal requirements for corporations, and in 2004 was first to introduce solutions to reduce and control the growing cost and risk for corporate legal departments. The Atlas software suite includes Atlas LCC to streamline legal holds and collection processes end-to-end; Atlas ERM to enable retention programs across disparate countries, business units, information sources, and systems; and Policy Enforcement Services to automate retention and preservation policy enforcement across various systems and data sources. PSS Systems founded and sponsors the CGOC, a professional community on retention and preservation, and continues to lead the industry through unparalleled innovation and thought leadership on these issues.