Arkivum, a London-based provider of data lifecycle management solutions, has raised new investment.
The company has raised a follow-on investment from the Parkwalk Opportunities EIS Fund, however, the amount of the deal was not disclosed. The capital will be used to continue to expand operations.
Led by Guy Yaniv, CEO, and Matthew Addis, CTO, Arkivum is a provider of compliance-driven, long-term data safeguarding and usability solutions serving regulated, data intensive markets worldwide. The company claims its solution helps organisations safeguard and preserve their most valuable digital content to the highest level, adhere to intensified regulation of digital records management, economically cope with increasing data volumes and make archived data usable and accessible.
It provides a safe, secure, compliant and accessible digital archiving solution for any type of data, structured and unstructured, with a unique 100% data integrity guarantee and a built-in escrow service according to its website. Arkivum provides its services to the financial services, life sciences and heritage, libraries & higher education industries.
Since 2012 Arkivum has been serving more than 120 clients worldwide across industries and is certified for ISO 27001.
With the EU General Data Protection Regulation (GDPR) coming into force in May 2018, there are set to be major implications for any organisation holding or processing personal data on EU-resident subjects.
Arkivum claims to help at every phase of your GDPR journey, regardless of an organisation’s type, size, and level of GDPR maturity. The company claims to offer valuable insight from ‘asking the right, incisive questions’ about an organization’s approach to personal data at the beginning of the process. It also provides the necessary technical solutions to mitigate risks and to provide effective long-term data lifecycle management and governance.
One of its products, Arkivum SHIELD, is a complete compliance recordkeeping solution, covering the full scope of recordkeeping, compliance archiving, and trade surveillance. The Arkivum SHIELD solution helps organizations to make sure that their archived data and related processes are compliant, assuring every technology layer from capture through to e-discovery.
Copyright © 2018 RegTech Analyst
Copyright © 2018 RegTech Analyst
