Iron Mountain
 | |
| Type: | Public |
| Industry: | Information Management |
| Founded: | 1951 |
| Founder(s): | Herman Knaust |
| Headquarters: | 745 Atlantic Ave. Boston, MA 02111 |
| Website: | Ironmountain.com |
| Twitter: |  @IronMountain
|
| Key People | |
| Frank Bruno, Director of IPM John Boruvka, Vice President of Sales | |
Iron Mountain is an industry leader in the protection and storage of information, working with both physical and electronic files. 97% of Fortune 1000 companies use Iron Mountain as their information manager.[1]
Iron Mountain was selected by ICANN to function as its Registrar Data Escrow (RDE) agent in November 2007.[2]
Business Scope and History
The company was started when Herman Knaust decided in 1951 to market the old mine he had purchased to grow mushrooms as a storage facility for important corporate documents.[3]
Iron Mountain now has more than 45 million sq. ft. of storage space in more than 1,000 facilities in 37 countries.[4][5]
They have been growing and diversifying their business since going public in 1996, and have acquired more than 100 companies throughout their company's history.[6] In 2001, they invested $25 million in their digital archiving business.[7] A year later they acquired Connected Corp. for $117 million and began pushing into the online data backup market.[8] Much of Iron Mountain's growth has been overseen by former CEO Richard Reese, who ran the company from 1981 until 2008; he was succeeded by Robert Brennan.[9] Brennan came to Iron Mountain via its acquisition of Connected Corp.
Iron Mountain and ICANN
ICANN selected Iron Mountain to be the digital escrow agent for its RDE program.[10] This program is designed to secure the Internet's domain name system by protecting important data through Iron Mountain's digital department.[11]
At the time of the agreement in 2008, Iron Mountain immediately made itself available to the more than 900 ICANN-accredited domain name registrars, though any registrar could also choose to use a different third party provider as the escrow agent.[12] ICANN now requires registrars to escrow critical registration data that could then be released to ICANN, should there be a termination of the registrar's accreditation agreement.[13]
Iron Mountain regularly hosts a booth at ICANN Meetings.
References
- ↑ Iron Mountain About
- ↑ ICANN announcement
- ↑ BizJournals
- ↑ Iron Mountain Records Management
- ↑ BizJournals
- ↑ Network Computing Journal
- ↑ BizJournals
- ↑ Network Computing Journal
- ↑ Forbes
- ↑ ICANN announcement
- ↑ ICANN40 Interview
- ↑ Iron Mountain News
- ↑ ICANN40 Interview