56 Acquisition International - February 2017 Midaxo Platform is developed, operated, and maintained by motivated, competent personnel that are committed to maintaining a high level of information security. The firm recently won the Award for Excellence in M&A Data Security - US, which reaffirms their belief that continuous security education and training supports them to maintain security awareness in their organisation. s M&A professionals, we understand the importance of data security and maintaining the confidentiality of information in an M&A context. This key factor is incorporated into the way we have designed and built our entire platform. The technical implementation of Midaxo Platform has been designed to meet customers’ strict security requirements and industry best practices. Midaxo is committed to maintaining a high level of information security, and its key priority is always protecting customers’ information and carefully maintaining the information security of Midaxo Platform. Our Security White Paper gives an overview of the Midaxo Platform security features. Overview of Midaxo Ltd. Traditionally, M&A has been run through disparate point solutions like Excel, email, VDRs, etc., which requires a lot of admin work, is not scalable, and introduces a ton of additional risk into M&A. Midaxo maximises M&A value creation by giving M&A professionals all the tools they need and complete control of their complex activities. Our platform has all the applications and functionality that they need to complete an M&A project from prospecting through diligence and post-integration. Today, thousands of users at companies, including HP, Philips and ADT rely on Midaxo to run their global M&A. The Midaxo information security management system (Midaxo ISMS) is based on the international ISO 27001 standard, which makes Midaxo the only fully ISO27001 certified player in the market. Midaxo ISMS defines the security processes, roles, and responsibilities for implementing information security management as an integral part of Midaxo’s business and operations. Midaxo ISMS, together with Midaxo’s information security policy, are periodically reviewed to ensure they are up to date. Approach towards client service With Midaxo, there is no installation, configuration, or consulting required, which makes our platform easy to use and adopt. Customers are normally onboarded by a customer success team member during a two-hour training session. Midaxo provides each customer with a named customer advocate for ongoing support and performance reviews. Company: Midaxo Ltd. Name: Kalle Kilpi Email:
[email protected] Web: www.midaxo.com Address: 33 Broad Street, Suite 405, Boston, MA 02109, USA Phone: +1 617-237-2881 The Importance of Data Security A FD160123 The Importance of Data Security In addition, we maintain comprehensive and up to date FAQs, best practices, use cases, and informative webinars. We aim to provide friendly, customised, and effective support 24/7. Our customers’ feedback steers us in the right direction to improve our product. For our customers stay up to date with our product, they can head to our product blog or see a history of product improvements from our changelog. Company culture At Midaxo, we value our customers and appreciate their complex work. We make it a priority to deliver end to end value to our customers in helping them succeed. A satisfied customer is the measure to our success. We look to understand the client’s current processes and strategies before using Midaxo to support their process management goals. Since each team has different sizes and experience levels, the onboarding process is unique from customer to customer. Security challenges Due to today’s ever-changing risks and security threats, Midaxo’s security team closely monitors security updates, alerts, and advisories from applicable system and software vendors as well as various security organisations and authorities. Based on risk analysis, the security team deploys applicable mitigation methods and security controls. Periodic security audits and technical tests performed by independent third-party information security companies ensure that information security fulfils all requirements and meets the highest standards. Future projects and plans In November 2016, Midaxo raised $4 million to drive continued growth. Midaxo will use the additional capital to accelerate product development and expand customer-facing activities. Currently, Midaxo has 30 employees, and the employee headcount is expected to rise to 60 by the end of year 2017. The goal is to hire new developers for the Helsinki office and expand the sales and marketing teams in the Boston office.