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Exterro, Beaverton, Oregon: Bobby Balachandran, President & CEO

Company: Exterro
Company Description: Exterro empowers legal teams to proactively and defensibly manage their Legal Governance, Risk, and Compliance (Legal GRC) requirements. Our Legal GRC software is the only comprehensive platform that automates the complex interconnections of privacy, legal operations, digital investigations, cybersecurity response, compliance, and information governance.
Nomination Category: Management Categories
Nomination Sub Category: Achievement in Management - Legal
2023 Stevie Winner Nomination Title: Bobby Balachandran
  1. Which will you provide for your nomination in this category, an essay of up to 650 words describing the achievements of the nominated management team, group, or individual since January 1 2021, OR a video of up to five (5) minutes in length describing the same? CHOOSE ONE:
    An essay of up to 650 words
  2. If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video:

     

  3. If you are providing an essay of up to 650 words, place it in this space:

    Total 573 words used.

    Bobby Balachandran, founder, president, and CEO of Exterro, Inc, has led Exterro from a boot-strapped startup to now the recognized leading provider of Legal GRC software for corporations by achieving Unicorn status in the summer of 2022. Used by global brands such as Boeing, Exxon Mobil, Volkswagen, and Johnson & Johnson to mitigate risks, control costs and orchestrate legal processes, Exterro’s software originated from Bobby’s observation that internal legal departments lacked unifying technology available for other corporate functions that optimized tasks and activities and drove transparency and operational efficiencies. 

    During his time at Exterro, Bobby’s vision and implementation of the Legal GRC framework has quantifiably improved the workflow, processes, and results of not only legal teams worldwide, but also their respective organizations and the third parties with which they interact. Bobby’s approach is a holistic enterprise solution that incorporates four hallmark traits: 

    • a comprehensive data inventory that provides insight into where and how much data you have across your organization; 
    • an integrated platform that seamlessly orchestrates workflow, shares data and integrates into your existing IT infrastructure;
    • process orchestration that automates workflow by ensuring all tasks and activities are assigned, understood and completed with visibility into the status of each; 
    • and finally, cloud-based accessibility that offers users access any time, from anywhere, for all stakeholders, regardless of whether they are internal or external to an organization. 

    In addition to successfully immersing the company in this approach, Bobby’s leadership has also led Exterro to grow to more than 500 employees, 2000 customers and has expanded its footprint across the globe, with offices in Beaverton, OR, St. Louis, MO; Frisco, Tex.; Orem, Utah; Frankfurt, Germany; Coimbatore, India; and London, England. In the summer of 2021, following a December 2020 acquisition of AccessData, a pioneer in digital forensics technology, Exterro debuted FTK Central, a digital forensic platform designed to find evidence faster, increase analysis speed, enhance user collaboration, and reduce case backlog. In August 2022, Exterro launched FTK 7.6, which offers the fastest scalable processing engine on the market – and was applied to the entire portfolio of FTK products – to assist investigators working at law enforcement agencies, corporate legal departments and ALSP’s. Additionally, in October of this year (2022), Exterro released a new advanced data inventory solution to support privacy teams with GDPR, CCPA, LGPD and other global privacy regulations, further bolstering its market leading privacy portfolio. Balachandran continues to grow the worldwide Legal GRC company and offer solutions across the legal, privacy, and compliance market in more ways than one.

    Bobby is just as dedicated to improving humanity as he is the legal industry. From creating Exterro’s business incubator in Coimbatore, India, where students train to become future engineers, to supporting overseas orphanages’ grocery and education needs He continues to give back to the community in the way he knows how. And his passion spills over into Exterro. Exterro’s digital forensic software is used in more than 200 countries to make the world a safer place. Notably, Operation Safe Escape in the Philippines has used the software to rescue over 1,500 young girls in the country from sex trafficking. Bobby recently launched a grant program to provide impoverished law enforcement agencies across the world to use Exterro’s software for free, enabling them to manage backlogged cases and prevent crime. All and all – Bobby teaches his team to strive for a change in both the legal industry as well as the world.

  4. In bullet-list form, provide a brief summary of up to ten (10) of the chief accomplishments of the nominee(s) since January 1 2021. This is required whether you are submitting a video or an essay:
    • Acquired AccessData, the industry's leading provider of digital forensic investigation technology
    • Launched multiple new products, including Exterro FTK Central, Exterro FTK 7.6, Exterro Connect, Exterro Smart Data Inventory, Exterro Consent, Exterro Data Discovery and Exterro Review, and updates for existing products across Exterro's broad product line
    • Drove technology solution that was awarded Best Security, Defense or Law Enforcement IT project of the year in the UK and the British Legal Technology Award for Innovation for solution that has enabled the WestMidLands Police department to dramatically decrease the time to justice for their investigations
    • Spearheaded a financial restructuring that valued the company at more than $1 Billion dollars
    • Recognized as a FastCase 50 Leader in the legal industry
    • Awarded LegalTech CEO of the year 
    • Exterro Review named Product of the Year by KM World
Attachments/Videos/Links:
Bobby Balachandran
URL www.exterro.com/about/news-events/exterro-completes-significant-strategic-recapitalization-in-excess-of-1-billion
URL • Exterro Review Recognized as Finalist for “Best E-Discovery” by 2022 KM World Readers’ Choice Awards - Exterro
URL • Exterro Launches FTK® Suite 7.6, Introducing Mobile Parsing, Automation Capabilities, and Industry-First… - Exterro
URL • Exterro Bolsters Market Leading Privacy Portfolio with Launch of Exterro Smart Data Inventory Solution - Exterro
URL • 2022 Winners - British Legal Technology Award (britishlegalitawards.com)
URL • UK IT Industry Awards 2022 - 2022 winners
URL www.exterro.com/blog/exterro-founder-bobby-balachandran-named-legaltech-ceo-of-the-year
URL www.exterro.com/about/news-events/exterro-named-winner-of-the-coveted-global-infosec-awards-during-rsa-conference-2022