JADsoftware, a fast-growing digital forensics company based in Waterloo’s Accelerator Centre, woke up with a new name today: Magnet Forensics Inc.

The new name reflects the capabilities of the company founded in 2009 by Jad Saliba, a former Waterloo Region police officer. His software, Internet Evidence Finder, enables forensic investigators to recover valuable evidence from a broad range of online communications, such as webmail, social networking chats and instant messaging.

“A lot has changed since I launched JADsoftware and first developed IEF while working as a police officer and forensic examiner,” said Saliba, who serves as chief technology officer of Magnet Forensics.

“After a couple years juggling both jobs, I realized that IEF had tremendous potential to help forensics professionals perform better investigations, so I decided to dedicate myself to developing the software full-time,” he said.

Magnet CEO Adam Belsher, who became Saliba’s business partner last year after a successful executive stint at Research In Motion, said the freshly renamed company is “more committed than ever” to keep developing IEF and other tools to help with digital investigations.

“It’s an incredibly exciting time for our company,” Belsher said, adding that “the values and principles that drive what we do remain the same.”

In May, the company announced it was first in the data recovery industry to offer software for collecting cloud-based forensic evidence.

The company, whose customers include the FBI, RCMP, U.S. Department of Homeland Security, U.S. military and countless law enforcement agencies in Europe and the Middle East, was the subject of profiles by Communitech and The Globe and Mail earlier this year.

In addition to its new name, Magnet Forensics has also announced a Twitter feed and blog page.