Fairfield, NJ (Feb. 24, 2025) – DataBank IMX, a leading provider of process automation and data solutions headquartered in Huntingdon Valley, Pennsylvania, and a Kyocera Group company, today announced a strategic partnership with Sunset Point Software, the creators of the Legacy and M&A Snapshot decommissioning solutions headquartered in Manhasset, New York. In addition to this partnership, Kyocera Ventures, the venture capital arm of Kyocera Corporation, is making a strategic investment in Sunset Point Software. Kyocera Ventures is joined by Jim Brown, managing partner at Long Ridge Equity Partners as an investor.
This partnership brings together DataBank’s expertise in transforming data into actionable insights with Sunset Point Software’s patent-pending RoDA (Robotic Document Assembly) technology, which utilizes AI and RPA (Robotic Process Automation) to extract and preserve critical business data from legacy systems. Together, the two companies will empower organizations to operationalize legacy and acquired system data, ensuring compliance, accessibility, and long-term value.
The investment from Kyocera Ventures underscores the growing demand for advanced legacy system decommissioning and data operationalization solutions.
“Sunset Point Software is addressing a critical challenge that enterprises face when modernizing their IT ecosystems,” said Rick Johnson, Head of Investments at Kyocera Ventures. “We see significant value in their approach and believe their technology will play a vital role in ensuring organizations can harness the full potential of their legacy data.”
“Our ability to preserve and operationalize historical system data aligns perfectly with DataBank’s mission of transforming data into powerful, enterprise-wide intelligence,” said Joe Labbe, founder and COO of Sunset Point Software. “DataBank recognizes that true digital transformation requires access to all an organization’s information assets — including the wealth of knowledge often locked away in legacy systems. Through this partnership, we’re providing organizations with a seamless way to leverage their rich history in a compliant, accessible, and actionable manner.”
“Companies are quick to implement new software but often lack a clear strategy for retiring outdated systems, leading to unnecessary costs and risks,” said Chad VanNorman, CTO of DataBank. “Through this partnership, we’re providing a structured, efficient path to decommissioning, ensuring businesses can move forward without leaving critical data behind.”
As part of the agreement, DataBank will offer Sunset Point Software’s full suite of RoDA solutions and collaborate on developing industry-specific Snapshot solutions to address sector-specific data preservation and compliance needs.
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About Kyocera Document Solutions America Inc.
Kyocera Document Solutions America Inc. is a group company of Kyocera Document Solutions Inc., a global leading provider of total document solutions based in Osaka, Japan. The company’s portfolio includes reliable and eco-friendly MFPs and printers, as well as business applications and consultative services that enable customers to optimize and manage their document workflow, reaching new heights of efficiency. With professional expertise and a culture of empathetic partnership, the objective of the company is to help organizations put knowledge to work to drive change.
Kyocera Document Solutions Inc. is a group company of Kyocera Corporation (Kyocera), a leading supplier of industrial and automotive components, semiconductor packages, electronic devices, smart energy systems, printers, copiers, and mobile phones. During the year ended March 31, 2024, the company’s consolidated sales revenue totaled 2 trillion yen (approx. US$13.3 billion). Kyocera is ranked #672 on Forbes magazine’s 2023 “Global 2000” list of the world’s largest publicly traded companies, and has been named among “The World’s 100 Most Sustainably Managed Companies” by The Wall Street Journal.
About DataBank IMX
DataBank helps organizations improve how they handle and utilize their information through services like AI-powered document processing, high-volume scanning, and managed technical services. The data solutions provider has over 30 years of experience partnering with organizations that manage high volumes of information, such as healthcare, government, and energy – ultimately to help them make informed decisions and run more efficiently.
About Sunset Point Software
Sunset Point Software is dedicated to facilitating “the immortal enterprise.” By integrating the past into the present, our solutions like Legacy and M&A Snapshot transcend traditional data preservation methods. We convert complex legacy systems into accessible, AI-enhanced PDF documents, ensuring that the rich insights of historical data remain an active participant in an organization’s growth and innovation narrative.
About Kyocera Ventures
Kyocera Ventures is the venture capital arm of Kyocera Corporation. Kyocera Ventures is an early-stage generalist deep tech fund launched in 2024.