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.

The Deal

Mobeus’s history with Preservica dates to 2012 when we backed Tessella, a Data Science Consultancy. Tessella developed the Preservica platform, which spun off when Tessella was sold to French public company Altran in 2015. Since 2016, Mobeus has supported Preservica’s international expansion and further technological development by providing an initial investment of £3 million and a further investment of £4 million in 2018. In 2020 Mobeus brought its total invested to £9.5 million.

The Plan

Preservica will continue its expansion in the US, where it is now headquartered, accelerate product innovation through its new freemium “Starter” product and further scale through enterprise sales.

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“This further investment reflects a real confidence in the business, especially at this time of global change. The funding will enable us to further innovate our core product and make it easy for any organisation to use digital preservation to protect critical information.”

Mike Quinn
Preservica, CEO 

18 months in review

All our new investments. follow-ons, IPOs and exits from the last 18 months.

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