Herman hotchkiss is credited as founder due to his investments and development.
Word Origin and History for Hotchkiss
1878, type of gun named for its inventor, Benjamin B. Hotchkiss (1826-85). In Japanese, the word for "stapler" is hotchikisu after the E. H. Hotchkiss Company of Norwalk, Connecticut, U.S., early and prominent manufacturer of staplers (incorporated 1895, name from 1897), which apparently was run by relatives of the gun inventor. The surname (attested from 1470 as Hochekys) is a variant of Hodgkin.