Avanite, a Warrington, UK-based developer of a product for IT managers to improve user experience, raised £500k in funding.
Dow Schofield Watts Angels participated in the round.
The funding will allow the company to hire additional staff to speed up development and assist with sales and marketing.
Founded in 2015 by IT consultants Peter Jones and Francesco Giarletta. Avanite provides WebData Control software that works by reducing the amount of web data retained by users in virtual computing environments. By removing unnecessary data, the solution improves performance and helps users safeguard sensitive information in line with new data privacy rules.
WebData Control, the company’s first product, was launched in 2017 and has already achieved six-figure sales, with customers including Gwynedd Council and a large Swedish industrial group.