Data recovery company Infinity Wireless Limited has announced GBP 500,000 in venture round funding, led by Mangrove Capital Partners, an early backer of Skype and Wix, with additional funding from existing investors Boundary Capital Partners, the company said.
As part of the investment, Mangrove Partner David Waroquier will join the board.
The UK-based software company will use the funding to enhance product development and innovation, grow the team and drive expansion of the company´s services on a global scale.
Currently supporting Apple iOS and Android devices, and with plans to extend this compatibility to Windows Phone devices over the coming months, Infinity Wireless is able to provide support for a significant portion of the smart device market. Users are able to recover and restore their data easily and quickly, without the need to send their device away or pay the traditionally high prices of forensic recovery.
Infinity Wireless was founded in 2012 and is focused on providing affordable and accessible smart device data recovery for consumers on a global scale.
Mangrove Capital Partners is an early stage venture capital firm. Founded in 2000, Mangrove has invested in more than 85 companies and was the first investor in Skype, which was acquired by eBay for over EUR 3.1 billion in 2005.
Boundary Capital Partners is a hands-on venture capital company providing investment alongside Venturers who are all co-investing experiences executives to help nurture and develop the businesses it invests in.