September 25, 2021

Digital Preservation: Preservica Gets $3.8 Million in Funding From Mobeus Equity Partners

From Geektime:

Oxfordshire [UK]2016-12-20_20-33-21-based startup Preservica has scored $3.7 million (£3 million) from Mobeus Equity Partners for its digital information security technology.

[Clip]

They claim over 100 customers including an impressive list of clients: 16 US state archives, BT, HSBC, Transport for London (TfL), the Associated Press (AP), Yale University, and the Museum of Modern Art (MoMA). HSBC is using it to protect corporate records while the Texas State Library and Archives Commission is trying to improve public access to government records. They predict major demand from healthcare providers and pharmaceuticals as the digital records industry matures.

Read the Complete Article

See Also: From the Official Announcement

“Everyone at Preservica is delighted by the investment and support we’ve received from Mobeus Equity Partners. It is a real validation of the potential of the business and the growing demand for a digital preservation solution that enables organizations to protect the value of their vital digital information. The funding will allow us to expand our partnering program and accelerate our product vision to make digital preservation a seamless and automated part of the digital information lifecycle.” –Mike Quinn, Preservica CEO

About Gary Price

Gary Price (gprice@mediasourceinc.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. Before launching INFOdocket, Price and Shirl Kennedy were the founders and senior editors at ResourceShelf and DocuTicker for 10 years. From 2006-2009 he was Director of Online Information Services at Ask.com, and is currently a contributing editor at Search Engine Land.

Share