eSafe Global Limited, a Salford, UK-based safeguarding software specialist, received a £1.95m investment.
The round was led by Maven Capital Partners. The transaction is being jointly funded by Maven’s Venture Capital Trusts and the Greater Manchester Loan Fund (GMLF), which are investing £1.6m and £350k respectively.
The company intends to use the funds to take advantage of market opportunities which have arisen as a result of increased legislative, regulatory and political pressures to incorporate improved safeguarding monitoring systems within the education sector, support the expansion of sales, marketing and operational teams at its Salford headquarters, along with further development of its innovative service and technology platforms.
Led by Mark Donkersley, CEO, e-Safe provides solutions to monitor online user behaviour and cyber bullying within a school or college digital environment. The company’s service based solution to the primary, secondary and further education sectors uses sophisticated detection technology to monitor online user behaviour within a school or college’s digital environment. The software identifies potentially harmful imagery including video, streaming, webcam and static files, and also monitors multi-lingual keyboard entry and screen content from websites, documents and social media applications. Any potential incidents are then reviewed by a team of behaviour analysts and any incidents requiring intervention are escalated by real-time phone call or encrypted report, depending upon severity.
FinSMEs
16/01/2018