Preservica, an Oxford, UK-based provider of a platform to safeguard digital information, secured £3m (appprox. $3.8m) in growth funding.
Moebeus Equity Partners made the investment.
The company intends to use the funds to expand its partnering program, accelerate its product vision and accelerate adoption of its software.
Led by Mike Quinn, CEO, Preservica provides companies and organizations worldwide with a preservation software platform to safeguard digital information for compliance, legal defense, and knowledge reuse.
The solution, which ensures digital content is not just securely stored, but also automatically translated into formats that can be used and read by future applications and technologies, is already in use at over 100 large and small corporate and public sector organizations, including the Associated Press (AP), Yale University, New York’s Museum of Modern Art (MoMA), BT, HSBC, Transport for London (TfL), and 16 US State Archives.