Mobeus injects $3.8m into Preservica

Mobeus initially supported the spin-out of the original Preservica technology platform from portfolio company Tessella (which it exited in 2015) and went on to provide it with a £3m investment in 2016.

In 2018, the firm committed to invest a further £7.5m in Preservica, including an initial £4m with a facility for a further £3.5m.

This latest round will go towards accelerating product innovation, including new product-led initiatives, the company said in a statement.

Company
Established in Oxford in 2012, Preservica protects long-term digital information for businesses and organisations. It is available both as a cloud-hosted software-as-a-service or on-site service, and its clients include HSBC, Transport for London and 22 US state archives.

People
Mobeus Equity Partners – Matt Mead (venture partner).
Preservica – Mike Quinn (CEO).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Expansion
• UK / Ireland
• Technology
• Mobeus Equity Partners
• Venture