Ziptr, the secure communications service predominantly targeting legal and accounting professionals, appears to be closing its doors as a notice was sent out to all users alerting them to the service’s discontinuation.
The recent notice from chief executive and founder Firdaus Bhathena alerted all users that the service would be discontinued by this Friday, Sept. 27, at noon EDT and urged customers to export all of their data from their accounts as the company could not guarantee access to it after that time.
“It is with great regret that I am writing to inform you of the closing of Ziptr, Inc. and the discontinuation of all Ziptr products,” said Bhathena. “Your sense of innovation and willingness to believe in a solution that offered both security and ease of use was a source of energy and inspiration for our company. For that, we are immensely grateful.”
Bhathena and other Ziptr staff did not immediately respond to requests for comment.
The company had been gaining some awareness among the CPA community of late, appearing at numerous industry conferences and events. Earlier this year Ziptr also earned an Honorable Mention in the 2013 Accounting Today Top New Products in the Privacy/Security category.
In addition, less than two years ago Ziptr had garnered a Series A round of $6.8 million in financing from Fairhaven Capital Partners in Cambridge, Mass.
Bhathena is a serial software company entrepreneur who has founded two other previous startups: WebLine Communications, which he sold to Cisco Systems for $325 million in 1999, and Relicore, which he sold to Symantec in 2006 for an undisclosed sum. He was also the first employee at two other software startups.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access