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Iron Mountain company logo
Corporation
COMPUTER HARDWARE & SERVICES | IT Services / Data Storage & Security
ironmountain.com

Investments

4

Portfolio Exits

4

Partners & Customers

10

Service Providers

2

About Iron Mountain

Iron Mountain (NYSE: IRM) is a storage and information management company. It provides records management, data management solutions, and information destruction services. The company caters to banking, energy, entertainment, health care, insurance, law firm, life science, retail, and pharmaceutical industries. Iron Mountain was founded in 1951 and is based in Boston, Massachusetts.

Headquarters Location

One Federal Street

Boston, Massachusetts, 02110,

United States

877-826-2816

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Expert Collections containing Iron Mountain

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Iron Mountain in 2 Expert Collections, including Conference Exhibitors.

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Latest Iron Mountain News

North America Data Center Colocation Services Competitive Analysis Report 2023 Featuring CoreSite, CyrusOne, Cyxtera, Digital Realty, Equinix, Flexential, Iron Mountain, QTS, Switch, & TierPoint

May 29, 2023

The report reveals the market positioning of companies using Growth and Innovation scores . The document presents competitive profiles on each of the companies based on their strengths, opportunities, and a small discussion on their positioning. Digital transformation has become a priority for enterprises. Data centers are the backbone of a digital economy and an integral part of a digital business's strategy. The data center colocation services industry is witnessing higher competitive intensity, compelling service providers to build scalable facilities with best-in-class design and to focus on industry best practices, third-party certifications, and sustainability initiatives to create competitive differentiation. Carrier-neutral colocation service providers have an advantage because they operate independently, giving customers flexibility and choice in terms of network providers. This also creates the potential to offer customers greater redundancy and choice through a diverse network infrastructure provider ecosystem. North America is the largest data center colocation market in the world, with revenue exceeding $20 billion in 2022. Demand is being driven by hyperscale public cloud services, content and digital media, and financial services. Service providers are aligning data center designs and services to build their value propositions around environmental sustainability and the use of renewable energy. They are developing energy-efficient, green facilities to lower their carbon footprint and optimize operational costs. Companies to Action

Iron Mountain Investments

4 Investments

Iron Mountain has made 4 investments. Their latest investment was in MakeSpace as part of their Series E on May 5, 2020.

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Iron Mountain Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/21/2020

Series E

MakeSpace

$45M

No

2

3/20/2019

Series D

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$99M

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10

3/20/2003

Unattributed VC - III

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$99M

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0

2/13/2002

Unattributed VC - II

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$99M

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0

Date

5/21/2020

3/20/2019

3/20/2003

2/13/2002

Round

Series E

Series D

Unattributed VC - III

Unattributed VC - II

Company

MakeSpace

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Amount

$45M

$99M

$99M

$99M

New?

No

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Co-Investors

Sources

2

10

0

0

Iron Mountain Portfolio Exits

4 Portfolio Exits

Iron Mountain has 4 portfolio exits. Their latest portfolio exit was MakeSpace on February 24, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

2/24/2022

Merger

$99M

1

5/14/2021

Divestiture

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$99M

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10

10/2/2018

Divestiture

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$99M

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10

12/29/2016

Divestiture

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$99M

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10

Date

2/24/2022

5/14/2021

10/2/2018

12/29/2016

Exit

Merger

Divestiture

Divestiture

Divestiture

Companies

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Valuation

$99M

$99M

$99M

$99M

Acquirer

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Sources

1

10

10

10

Iron Mountain Acquisitions

46 Acquisitions

Iron Mountain acquired 46 companies. Their latest acquisition was XData Properties on November 03, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

11/3/2022

$99M

Acquired

3

12/10/2021

$99M

Acquired

16

6/23/2021

$99M

Acquired

1

3/4/2021

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$99M

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10

2/20/2020

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$99M

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10

Date

11/3/2022

12/10/2021

6/23/2021

3/4/2021

2/20/2020

Investment Stage

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acquired

Acquired

Acquired

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Sources

3

16

1

10

10

Iron Mountain Partners & Customers

10 Partners and customers

Iron Mountain has 10 strategic partners and customers. Iron Mountain recently partnered with Gatesway Foundation on December 12, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

12/7/2022

Vendor

United States

Gatesway Partners with Iron Mountain for Document Destruction Services - Gatesway Foundation

Broken Arrow , OK , 12/7/22 : Gatesway Foundation , Inc. , a non-profit Oklahoma agency providing specialized services to adults with developmental and intellectual disabilities , has secured a new partnership with global leader Iron Mountain Incorporated to deliver document collection , storage , and destruction services .

1

9/2/2022

Client

France

Iron Mountain to digitise Canal+ tape archives - The Media Production & Technology Show

Archiving specialist Iron Mountain has won the contract to digitise up to 111,000 hours of tape archive for French content producer and broadcaster Canal + Group .

2

4/26/2022

Partner

United States

10:15 EDT Staples Canada reports on diversion efforts, sparking solutions for a greener future

Shredding : Though Staples ' partnership with Iron Mountain customers can access safe and cost-effective secure shredding services .

1

1/25/2022

Vendor

United States

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10

10/6/2020

Partner

United Kingdom

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10

Date

12/7/2022

9/2/2022

4/26/2022

1/25/2022

10/6/2020

Type

Vendor

Client

Partner

Vendor

Partner

Business Partner

Country

United States

France

United States

United States

United Kingdom

News Snippet

Gatesway Partners with Iron Mountain for Document Destruction Services - Gatesway Foundation

Broken Arrow , OK , 12/7/22 : Gatesway Foundation , Inc. , a non-profit Oklahoma agency providing specialized services to adults with developmental and intellectual disabilities , has secured a new partnership with global leader Iron Mountain Incorporated to deliver document collection , storage , and destruction services .

Iron Mountain to digitise Canal+ tape archives - The Media Production & Technology Show

Archiving specialist Iron Mountain has won the contract to digitise up to 111,000 hours of tape archive for French content producer and broadcaster Canal + Group .

10:15 EDT Staples Canada reports on diversion efforts, sparking solutions for a greener future

Shredding : Though Staples ' partnership with Iron Mountain customers can access safe and cost-effective secure shredding services .

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Sources

1

2

1

10

10

Iron Mountain Service Providers

2 Service Providers

Iron Mountain has 2 service provider relationships

Service Provider

Associated Rounds

Provider Type

Service Type

Acquired

Investment Bank

Financial Advisor

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Service Provider

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Associated Rounds

Acquired

Provider Type

Investment Bank

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Service Type

Financial Advisor

Partnership data by VentureSource

Iron Mountain Team

37 Team Members

Iron Mountain has 37 team members, including , .

Name

Work History

Title

Status

Jeff Anthony

Founder

Current

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Name

Jeff Anthony

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Work History

Title

Founder

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Status

Current

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Compare Iron Mountain to Competitors

Neat Company Logo
Neat Company

Neat is a manufacturer of Digital Filing Systems for the small business and home markets. Neat's unique combination of cloud, mobile, desktop software, and hardware scanning solutions transform important documents into usable digital information. Neat's Digital Filing System helps you organize, access, and share both paper and digital documents simplifying everyday tasks so you have more time to do what matters. Neat's solutions consist of NeatDesk, NeatReceipts, NeatCloud, NeatVerify and NeatScan.

Ripcord Logo
Ripcord

Ripcord delivers a digitization solution that uses robots to scan records and make them accessible on a cloud platform called Canopy. Once records are uploaded to Canopy, users can search, share, and connect records to other enterprise applications like SAP, Oracle, and NetSuite.

Hyperscience Logo
Hyperscience

Hyperscience develops an intelligent document processing platform. It automates any types of business processes and provides solutions for industries such as financial services, insurance, healthcare, and government organizations. The company was founded in 2014 and is based in New York, New York.

A
Aideo Technologies

Aideo Technologies is a IT company that provides solutions to automate the business of healthcare, leveraging NLP, AI, machine learning, and robotics to reduce cost and increase productivity to healthcare provider organizations. It is based in Melbourne, Florida.

Instabase Logo
Instabase

Instabase provides a platform for businesses to build customizable applications for automation. The platform offers tools for reading documents, data extraction and classification, and natural language processing. It serves public sectors, healthcare, insurance, and more. It was founded in 2015 and is based in San Francisco, California.

L
Lazarus

Lazarus is artificial intelligence and computer vision system to develop products and custom solutions to optimize processes. The company uses electronic health records (EHR) and artificial information (AI) to improve the detection of cervical breast, skin cancer, and pancreatic cancer. The company offers an extractor that pulls entities, tables, and key-value pairs from documents. It was founded in 2018 and is based in Cambridge, Massachusetts.

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