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About DataCert
Founded in 1998, DataCert is the industry leader in corporate legal and IP
spend and matter management solutions. Under the leadership of President,
CEO and Founder Eric M. Elfman, DataCert has matured from a small technology
start-up to one of the fastest-growing technology companies in North America.
Corporate counsel rely on DataCert's products and services to manage legal
activities and provide transparency into outside legal spend. Originally, the
company was established to move and standardize data such as electronic invoices
over the Internet. Today, DataCert is a total solutions provider of legal spend
and matter management solutions.
In less than a decade, the company has secured some of the most
well-known companies in the world including AT&T, GE, Honeywell, Hewlett-Packard, Merck,
Microsoft, The Home Depot and UPS. Additionally,
99%
of America's highest-grossing law
firms are DataCert customers and thousands of law firms and vendors worldwide submit
invoices electronically using the company's web-based service.
| Milestones |
 |
 1998 |
 |
- Company established by Eric M. Elfman as Occam's Razor Technologies in April
- Prototype design developed
- J. Alan Harding and Geoff Elfman joined as co-founders
|
 1999 |
 |
- Launched ShareDoc/LEGALTM
- Secured first customers - UPS, Chase Manhattan and Honda
- Finalized branded partnership with UPS
- UPS Document Exchange Invoices launched
|
 2000 |
 |
- Completed Series A preferred equity funding
- Changed name to DataCert.com
- Testified before Congress on protection of privacy for personal healthcare information
- Established partnerships with all 5 major matter management vendors in the legal market
- Selected as a "Top 100 Emerging Companies to Watch in 2001" by Computerworld Magazine
|
 2001 |
 |
- Dropped ".com" from name
- Closed Series B preferred equity funding
- Acquired DigiContract, adding online document collaboration
- Launched Advanced Invoice Management System (AIMS) with integrated systems
|
 2002 |
 |
- First to surpass the $1,000,000,000 mark in annual amount of invoice data processed
- Added GE, Maytag, Honeywell, Microsoft and Union Pacific Railroad to client roster
- Named Texas Crescent Rising Star recipient as part of Deloitte & Touche's prestigious "Technology Fast 50" program
- Launched nationwide electronic invoicing seminar series
- Eric M. Elfman named Ernst & Young Entrepreneur of the Year
|
 2003 |
 |
- Placed #175 on Deloitte's fastest growing technology companies list out of 500 companies in North America
- Secured #13 spot on the Texas Crescent Technology Fast 50
- Created first customer advisory board committee and held inaugural meeting in San Francisco
- First European law firm transmits electronic invoices using DataCert
|
 2004 |
 |
- Secured #25 spot on the Fast Tech 50 for one-year sales growth
- Led international standard creation for electronic billing
- Secured top ranking in the Houston Business Journal on the software development list
- Landed #131 ranking on the 2004 Deloitte Technology Fast 500 with five-year revenue growth of 1,750%
- Named one of America's fastest growing private companies by Inc. magazine with a ranking of #194
- Added 14 corporate customers to growing client list
|
 2005 |
 |
- Added business intelligence tool, AIMS Analytics, to product line
- Opened European office in London
- Established engineering office in Austin, TX
- Announced availability of AIMS 3.3 and QuickInvoice
- Secured #203 ranking on Inc. magazine's list of fastest-growing private companies
- Processed more than $6 billion of electronic invoices, a 120 percent increase from 2004
- Ranked #115 on the Deloitte Technology Fast 500 with a five-year revenue growth
of 1,900%
- Relocated corporate headquarters into a 40,000-square-foot office to accommodate growth
- Signed 13 new corporate clients, including seven Fortune® 500 companies
|
 2006 |
 |
- Released AIMS 3.7 with enhanced reporting, value added tax compliance and IP matter compatibility
- Launched AIMS module (AIMS IP) to allow legal executives access to a history of intellectual property spend
- Introduced European website, www.datacerteurope.com, available in French, Spanish, German and localized English
- Named to Inc. magazine's Inc. 500 for third consecutive year
- Secured #185 on Deloitte's Technology Fast 500 ranking of North America's fastest-growing technology companies for the fourth consecutive year
- Signed six new clients, including 3 Fortune® Global 500 corporations, bringing the total number of corporate clients to 82
- Processed more than one million law firm and vendor invoices
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 2007 |
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- Introduced new AIMS features that support the latest international standards for e-invoicing (LEDES 1998 B-i) and allow corporations to process and archive paper, fax or electronic invoices
- Named a finalist in the prestigious CODiE Awards, the Software and Information Industry Association's awards for peer recognition in software achievement
- Opened European offices in Paris and Germany
- Acquired Corprasoft, adding matter management capabilities to DataCert's electronic invoicing and legal spend management solutions
- Secured $10 million investment from SSM Partners to fund continued growth
- Landed on Entrepreneur Magazine's Hot 500
- Named leading e-billing provider for AmLaw 200 by Law Firm Inc.'s 12th AmLaw Tech Survey
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 2008 |
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- Announced double digit revenue growth for 2007
- Released CLD 10, an integrated solution for e-invoicing, matter management and legal spend management
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