‘Security of things’-fund Value Creation Capital announced an investment in software startup Indica. The company, based in Utrecht, develops innovative software unlocking and analysing data.
The software is used by multinationals consultancy- and law firms to carry out forensic searches. Indica will use the investment to expand their services in risk and compliance.
“Recently we’ve noticed more control on internal data, because of the growing amount of data and stricter laws and regulations. The Indica software makes it easier to find relevant data within organisations, so research and reviews will take less effort and time. Thanks to the investment and collaboration with Value Capital Creation we can accelerate our growth and exploit the market. The next step is real-time compliance” says Pieter Klinkert, CEO at Indica.
Value Creation Capital (VCC) invests mainly in companies operating in high tech, cybersecurity, business software, data intelligence and IT managed services. The company was funded in 2005 by a number of ICT serial entrepreneurs who successfully created and sold their ICT- and tech firms.
VCC jumped on the (big) data train to support companies structuring the exponential amount of data. Aldebert Wiersinga, Managing Partner at VCC: “Indica makes it possible to make fast and efficient analyses when it comes to forensic research. In times where terroristic threats and fiscal fraudes are more common, it’s essential to trace these kinds of danger as soon as possible. We see Indica as an innovative and unique company which can make an important contribution to make today’s society a safer place”.
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