Preservica

Preservica

A leading provider of digital preservation solutions

The Business

Preservica’s award-winning software future-proofs all types of digital content against technology obsolescence, ensuring it remains accessible and trustworthy over decades to meet legal, compliance, governance and brand value needs.

Available as a cloud-hosted SaaS or on-premise solution, Preservica’s software is already trusted by a growing global client base - from major corporations and government bodies to iconic cultural institutions. These include HSBC, the World Bank, Associated Press, BT, Amnesty International, Yale University, MoMA, the UK National Archives and 21 US state archives.

The Deal

Our history with Preservica dates back to 2012 when  we backed the MBO of Tessella, a Data Science consultancy. Tessella developed the Preservica platform  and it was spun off as an independent company when Tessella was sold to French public company Altran in 2015.

Since 2016, we have supported the company’s international expansion and further technological development by providing an initial £3m investment and announcing a £7.5m series B investment round in 2018.

During 2018 the company reported its fastest growth in revenues, underpinned by a continued focus on excellence in Information Security (ISO 27001), quality (ISO 9001), GDPR compliance, and the highest levels of SaaS cloud-hosting as an AWS Advanced Technology Government & Education Competency partner. 

The Plan

With the latest investment, Preservica will drive global expansion, accelerate product innovation and further scale the business through partnership channels.

Preservica
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“Everyone at Preservica is delighted with this significant investment by Mobeus. It reflects a real confidence in the business and the opportunity for our unique Active Digital Preservation technology. The funding will enable us to accelerate our plans to scale through partners and expand our SaaS offering around the globe.”

Mike Quinn
Preservica, CEO