Big data digital archive business Arkivum has netted £1.9 million in an investment round led by Oxford Capital.

The business span out of Southampton University in 2011 and developed a service archiving complex data for large organisations.

The business claims 100 per cent integrity of data – and says it is the only one to make this claim – by housing information in secure centres across multiple locations.

Clients include notable organisations such as Tate Galleries and Janet; a business managing data networks for universities.

Other investors in the round were IP Group and Parkwalk Advisors, both of who had an existing stake in the business.

Jim Cook, chief executive officer of Arkivum, said: “We’ve made significant progress in recent months, establishing a number of successful customer and partner relationships. We’re now poised to build on our successes by expanding our partner and channel base.

“We are very pleased to welcome Oxford Capital as an investor in our business. They have a great reputation and enviable track record in helping high tech businesses to achieve commercial success.”