PHOENIX, AZ August 22, 2022 – Downstreem, a leader in mobile data forensics, announces its most recent funding round from new private investors to support the company’s global growth and proprietary product development.
Downstreem’s latest funding round will significantly expand development of:
- MobileStreem, the Company’s proprietary email and mobile device data review platform;
- AutoStreem, a defensible self-collection solution that is managed entirely by the end-custodian, and;
- DataStreem, an industry-leading, interactive, self-service client portal delivering real-time project information from Collections to Review.
The Company also plans to increase investment in marketing and lead generation support in its core U.S. and U.K. markets.
As part of its expansion plans, the Company also welcomes Jim Burke as a board advisor. Jim has extensive experience as a CEO leading technology-enabled businesses in rapidly changing markets; he was formerly CEO of Advanced Discovery, a global eDiscovery and risk management provider that was acquired and merged with Consilio.
“Jim’s proven leadership in helping companies navigate high growth, global expansion, and accelerated product innovation will ensure our investment decisions provide best-in-class advanced data forensic services to our current and future clients,” said Andreas Mueller, Downstreem’s Chief Executive Officer. “We are fortunate to have a leader with proven eDiscovery experience invest his time with the Downstreem team.”
The eDiscovery industry has been impacted by the amount of data generated every day from mobile devices and cloud-based applications. Providing relevant information in an efficient and cost-effective manner from these modern-day sources is Downstreem’s cornerstone philosophy.
Downstreem is a leading provider in digital forensic collection, analysis, investigations, and advisory services across the US and the UK, with clients in the technology, healthcare, pharma, and biotech, financial, energy, regulatory and legal fields. By focusing on remote collection and specifically, mobile device collections, Downstreem is a leader in the field of mobile forensics. RemoteStreem devices are shipped across the country for quick, efficient mobile device collections, AutoStreem offers secure, self-collection of corporate data and the MobileStreem review platform enhances the review process for mobile devices.