Gresham House Ventures has invested a further £6.3 million in data governance leader ActiveNav and cyber incident solutions provider Actfore, two divisions of Data Discovery Solutions (DDS).
ActiveNav provides data privacy and governance software solutions and helps organisations discover, remediate, and manage their data.
Launched in 2022, Actfore addresses data mining on cyber incidents, enabling organisations to quickly respond to regulators and protect individuals impacted by sensitive data exfiltration.
The deal follows two previous investments from Gresham House Ventures into ActiveNav in 2019 and 2021. Gresham House Ventures now has a total stake in DDS of £12.6 million.
Trevor Hope, chief investment officer at Gresham House Ventures, said:
“Both ActiveNav and Actfore have delivered impressive growth in recent years, with our previous investments enabling widespread adoption of their software solutions in businesses and public sector organisations worldwide.”
Christian Geyer, CEO and founder of Actfore, said:
“This investment represents an important step in Actfore’s growth and will accelerate our mission to revolutionise how organisations address data mining for cyber incidents.”
The investment will be used across both divisions to drive product innovation, expand market reach, and strengthen customer relationships.
Lead image: Markus Spiske.
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