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NPIF Maven Equity Finance invests in software business Ideiio

NPIF Maven Equity Finance, managed by Maven Capital Partners (Maven) and part of the Northern Powerhouse Investment Fund (NPIF), has invested £2 million in Ideiio, a Salford based software as a service (SaaS) cyber security business.

Ideiio specialises in Identity Governance and Administration (IGA). Its software enables organisations to manage control of access rights across the entire business and automate key functions such as compliance and audit reporting. The majority of competitor IGA platforms in the market focus on larger enterprise clients, whereas Ideiio’s technology is targeted at the under-served mid-market. It provides a valuable solution which helps its customers increase productivity whilst keeping data secure.

The funding from NPIF Maven Equity Finance will help the business enhance its technology platform, drive revenue growth by expanding the sales and marketing team, and further develop its channel partner relationships.

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