Striata, a South African company that offers digital communication and security solutions, has been acquired by Doxim, a Canadian digital technology company. According to the companies, the deal will see Striata’s Customer Communication Platform now wholly acquired by Doxim.
Striata was founded in 1999 by Michael Wright in South Africa. The company has gone on, even before the Doxim acquisition, to become one of the digital technology stories to come out of South Africa.
“This acquisition represents one of the most important milestones in our 21-year history. We see it as an opportunity to expand the full potential of the Striata platform, access more resources, more clients, more global exposure," said Striata CEO and Founder Michael Wright.
Wright also stated that he believes that there are other, equally compelling reasons for the deal beyond just the two companies business alignments.
The Email Corporation
When it was founded in 1999, Striata was then known as The Email Corporation. The company initially offered e-mail solutions. Following that, Nicholas Ramage joined founder Michael Wright in 2000 to head up software development and steer the startup’s technology vision.
In 2003, Striata launched the Striata Application Platform, a secure document delivery solution, enabling companies to send customer documents by email in a secure, encrypted format.
Four years later, it established a presence in the UK and the USA, intending to provide digital communication solutions in these markets. Striata were first featured in Gartner’s Magic Quadrant for CCM in 2018, and in 2019 was named as a Visionary in this market segment, and was included in Aspire’s Leaderboard in 2019 and 2020.
A global company
Currently, before the announcement that Doxim had acquired it, Striata services 80 clients in over 20 countries and has a team of 135+ employees situated in the USA, UK, South Africa, Hong Kong, and Australia.
“The acquisition of Striata will extend the Doxim CCM Platform providing enhanced hyper-personalized interactive digital experiences all within a secure and compliant framework. The requirements for communicating with customers are quickly shifting to digital. Especially with the impact of COVID-19 and less face-to-face meetings, organizations need to find scalable ways to orchestrate multi-channel communications that are both personalized and legally compliant,” said Mike Rogalski, Doxim President, and CEO.Share this via: