Arkivum, a London, UK-based provider of long-term data lifecycle management solutions, raised a follow-on investment from the Parkwalk Opportunities EIS Fund.
The amount of the deal was not disclosed.
The company intends to use the funds to continue to expand operations.
Led by Guy Yaniv, CEO, and Dr Matthew Addis, CTO, Arkivum is a provider of compliance-driven, long-term data safeguarding and usability solutions serving regulated, data intensive markets worldwide. Its solution allows organizations to safeguard and preserve their digital content, adhere to intensified regulation of digital records management, economically cope with increasing data volumes and make archived data usable and accessible.
Since 2012, the company has been serving more than 120 clients worldwide across industries and is certified for ISO 27001.