{"id":452515,"date":"2021-03-08T08:03:35","date_gmt":"2021-03-08T13:03:35","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=452515"},"modified":"2021-03-08T08:03:35","modified_gmt":"2021-03-08T13:03:35","slug":"sidedrawer-announces-significant-investment-from-the-david-slabodkin-family-trust","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sidedrawer-announces-significant-investment-from-the-david-slabodkin-family-trust\/","title":{"rendered":"SideDrawer Announces Significant Investment From The David Slabodkin Family Trust"},"content":{"rendered":"
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TORONTO, March 08, 2021 (GLOBE NEWSWIRE) — SideDrawer, the API-first client-facing document collaboration platform, is pleased to announce a significant investment from The David Slabodkin Family Trust (\u201cThe Trust\u201d). David Slabodkin was the Founder & CEO of Canada Protection Plan, and recently exited the business through a sale to Foresters Financial, a leading North American insurance underwriter.<\/p>\n

\u201cWe are thrilled to have an insurance pioneer like David support our vision. Canada Protection Plan was built on the premise of helping Canadians, establishing itself as a leading provider of life insurance and related products distributed through 28,000 independent life insurance advisors. Life insurance sales, similar to financial planning, mortgages, loans, property and casualty insurance, and many other routine engagements, rely heavily on email for receiving and delivering sensitive client data. With increasing awareness of cybersecurity risks and data security, businesses and consumers want a better experience around these processes. We believe David\u2019s deep insurance expertise will be a significant benefit as we expand our insurance and related financial distribution channels,\u201d said J. Gaston Siri, Co-Founder & CEO of SideDrawer. \u00a0<\/p>\n

\u201cAs the family moves forward from Canada Protection Plan, we are focused on advancing businesses and technologies that benefit society. We view the protection and privacy of data as a fundamental right for people and a primary concern for consumers. The SideDrawer team has created a unique platform which will not only help individuals be prepared for life changes but allows businesses and enterprises to integrate the flexible technology to help their clients. We think SideDrawer is a unique offering, and something we believe every individual will benefit from,\u201d said Max Fine, on behalf of The David Slabodkin Family Trust.<\/p>\n

\u201cWe are very excited to contribute to the digital transformation for client experience around secure document collaboration. Currently this experience remains quite challenging, and has not evolved with enhancements found in other business functions. Our objective is to offer businesses the ability to collaborate with customers in a secure and engaging manner. With this additional investment, we will grow our team and infrastructure to support our SMB and enterprise clients. We know business priorities and product roadmaps can shift; as such, our solution can allow resources to be focused on enhancing core products, while easily integrating SideDrawer\u2019s APIs for better document workflows, access controls, engagement features, and analytics,\u201d said Ali Qureshi, Chief Revenue Officer & Co-Founder of SideDrawer.<\/p>\n

Along with The Trust\u2019s investment, SideDrawer is making the following appointments to its Board of Directors and Advisory Board:<\/p>\n

\n Board of Directors appointments<\/strong>\n <\/p>\n