Inrupt Receives Investment from Accenture Ventures


Inrupt, a Boston, MA-based enterprise software company, raised an undisclosed amount in funding from Accenture (NYSE: ACN).

The investment was made through Accenture Ventures.

The company intends to use the funds to accelerate growth, expand operations and its business reach.

Led by CEO John Bruce, Inrupt is an enterprise software company focused on putting online personal data back in the power of users while also innovating how businesses and governments manage digital data. Inrupt aims to help people, organizations and app developers overcome the issue of siloed data. The company’s Enterprise Solid Server platform, which is based on Berners-Lee’s open-source web technology Solid, enables businesses and governments to offer consumers and citizens personal data vaults — which bring together and store data from multiple, disconnected sources in a web standard format and allow individuals to decide which data to share across applications and services.

The startup – co-founded by Sir Tim Berners-Lee – also joins Accenture Ventures’ Project Spotlight program, an engagement and investment program that connects emerging technology software startups with the Global 2000 to fill strategic innovation gaps.