Anaeko Ltd receive Invest Growth Fund investment

Thursday 12 November 2009

Northern Ireland's £5m Invest Growth Fund (IGF) has completed its second investment of £80k, taking a stake in Anaeko Ltd as part of a £300k two stage financing round from the IGF, Business Angels and other sources of financial support.

Anaeko has developed a unique data integration platform, the Anaeko Data Agility Server (A-DAS), which enables the rapid integration of distributed systems. A-DAS has been specifically developed with Cloud Computing in mind and leverages Web 2.0 principles to enable organisations to share and exchange data securely with Cloud-based service providers. Key features of A-DAS include support for continuously evolving data models, the dynamic composition of data services and distributed security and policy control. These features uniquely position A-DAS as a Data Fabric solution for Cloud Computing.

The Funds will be used principally for sales purposes and the company is targeting the Data Fabric Market for Inter-organisational Data Integration and Web 2.0.

The Invest Growth Fund is one of a new array of early growth support schemes known as NISPO. The fund is provided by Invest Northern Ireland. The Invest Growth Fund provides equity investment capital up to £250k for high growth businesses.