Iconium (United Kingdom) - Jan 2008

The Capital Fund, a London-focused regional venture capital fund managed by YFM Group, has wholly exited its stake in governance software company Iconium Ltd through a trade sale to Logicalis, a provider of integrated ICT solutions. No details of the transaction were disclosed. Horsham-based Iconium provides compliance, security and business intelligence tools that are designed to minimise operational and legal risk. Logicalis was appointed as the company’s first policy enforcement partner in January 2007 and intends to continue marketing the brand in order to further develop its existing governance architecture.

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• Topics
• UK / Ireland
• Exits
• Technology
• United Kingdom
• Trade sale