Deals

Preservica Raises $3.8M in Funding
Date: 
Monday, December 19, 2016
Location: 
Boston
Categories: 
B2B
Other
Technology Tools
Deal Type: 
Funding

Preservica is changing the way companies and organizations worldwide safeguard digital information. Having secured £3 million (approximately $3.8 million) in growth funding from Mobeus Equity Partners, the company plans to accelerate the uptake of its digital preservation software which 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.

Demand for Preservica’s software, which protects and future-proofs digital information, is being driven by digital transformation initiatives and the need to keep digital information for longer for compliance, legal defense, and knowledge reuse... READ MORE