Seven-year-old Southampton spinout Arkivum develops data archive software for sectors such as life sciences and financial services.
Arkivum, a UK-based data management software spinout from University of Southampton, today raised an undisclosed amount of funding from Parkwalk Advisors, the spinout-focused fund manager owned by commercialisation firm IP Group.
Further details on the round were not disclosed. Parkwalk Advisors took part through its EIS Opportunities Fund, which benefits from venture capital tax breaks offered by the UK government.
Arkivum has developed data archive technology for clients looking to store information according to strict legal regulations.
The spinout’s products…