MirrorWeb funding news – Manchester-based MirrorWeb Raises €57 Million in Equity funding
Sep 9, 2024 | By Team SR
MirrorWeb, a leader in the digital communications archiving, supervision, and surveillance software space, raises €57 million in equity funding from Mainsail Partners.
SUMMARY
- MirrorWeb, a leader in the digital communications archiving, supervision, and surveillance software space, raises €57 million in equity funding from Mainsail Partners.
- In Manchester, England, three technologists started MirrorWeb in 2012.
The investment would help it, which assists financial institutions and other regulated businesses in managing growing regulatory obligations, expedite product development even faster and expand its customer success team.
David Clee, co-founder and CEO of MirrorWeb said, “Regulators have never been more focused on ensuring the integrity of financial markets, protecting investors and preventing systematic risk to our economy, Mainsail’s investment and operational resources will help us continue to support financial institutions as they navigate this environment and to meet their compliance and digital preservation needs.”
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David Farsai, Partner at Mainsail Partners said, “MirrorWeb’s robust and user-friendly SaaS platform is trusted by organizations globally to help them keep pace with the proliferation of communication channels and proactively improve their compliance management,” “We are excited to partner with the MirrorWeb team to continue to deliver the product innovation and support that helps customers meet their regulatory goals.”
Garret Jackson, Vice President at Mainsail Partners said, “MirrorWeb has demonstrated a commitment to delivering strong customer service and innovative products. We look forward to working with Dave, Phil, and the entire team to double down on this focus, bringing peace of mind to customers facing increasing regulatory pressures,".
Romir Bosu, the CEO of Nadavon Capital Partners, and David Farsai and Garret Jackson of Mainsail Partners will also join the MirrorWeb Board of Directors as a result of this investment. In this transaction, DC Advisory acted as MirrorWeb's only financial advisor.
Read also - Stockholm-based Tiptapp Raises €1 Million in Funding
About MirrorWeb
In Manchester, England, three technologists started MirrorWeb in 2012. With offices now spread over two continents and a global staffing presence, we have developed a dynamic team that is expanding daily.