Mobeus leads $11m series-A for Active Navigation

Mobeus partner Trevor Hope will join the board of the company.

The ScaleUp Group, a network of technology entrepreneurs, provided guidance to Active Navigation's management team as they negotiated the fundraise.  

Active Navigation now plans to open offices in New York and Los Angeles, launch a new privacy-orientated software-as-a-service product, increase headcount, and expand its network of technology and service partners.

Company
Dual-headquartered in Winchester, UK, and Reston, the US, Active Navigation is a data privacy and governance software company. Its product suite is designed to enable enterprises and government entities to map, clean, classify, quarantine and delete redundant, obsolete and trivial data. Clients include BAE Systems, the United States Marine Corps and Voya Financial.

The company was founded in 2008 and has offices in Europe and Australia. It employs 60 staff, according to Owler.

People
Mobeus – Greg Blin (investment director); Amaad Mahmood (investment executive).
Active Navigation – Peter Baumann (CEO).

Advisers
Company – HMT (financial due diligence); Marriott Harrison (legal); Warshaw Burnstein (legal); Intechnica (IT due diligence); PMSI Strategy (commercial due diligence); Stratton HR (management due diligence).

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• Topics
• Expansion
• UK / Ireland
• Technology
• United Kingdom
• United States
• Venture
• Mobeus Equity Partners