Neverfail Group

SoftwareSeries DReading, UKneverfailgroup.com

Latest round

Series D

Last raised

Jan 2006

Total raised

$16M

Investors

2

About Neverfail Group

Neverfail Group provides business continuity and disaster recovery solutions. Founded by Brian Hierholzer, the company is headquartered in Reading, UK. In April 2015, Neverfail was acquired by Artisan Infrastructure for undisclosed terms.Neverfail Group specializes in providing robust solutions for business continuity and disaster recovery, primarily through their flagship product offerings that include managed services and cloud-based solutions. Their core services aim to ensure that businesses maintain operational efficiency during unexpected disruptions by offering real-time data replication, backup, and recovery services. These solutions cater to various industries, including finance, healthcare, and e-commerce, where data integrity and uptime are critical.Neverfail Group generates revenue primarily through subscription-based models, providing services on a recurring basis to clients who require consistent access to their business continuity solutions. The company reported a revenue of GBP 12,351,984 for the most recent year of 2014, with an EBITDA of 0 for the same period.Neverfail Group is focusing on developing new products to enhance their service offerings in the business continuity sector. They plan to expand into new markets, particularly in emerging regions of Asia, aiming for this expansion to take place within the next few years. Overall, the recent acquisition by Artisan Infrastructure is expected to provide additional resources and expertise to drive these growth strategies.

Who invested in Neverfail Group

2 investors across 3 rounds

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Funding rounds

  1. Series D

    Jan 20, 2006

    Amount

    $10M

    Investors

    Locked

  2. Series B

    Sep 15, 2004

    Amount

    $2M

    Investors

    Locked

  3. Series A

    Feb 1, 2004

    Amount

    $4M

    Investors

    Locked

Questions about Neverfail Group

Who invested in Neverfail Group?

Neverfail Group has 2 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Neverfail Group raised?

Neverfail Group has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Neverfail Group last raise money?

Neverfail Group's most recent round on record is a Series D, in Jan 2006.

What does Neverfail Group do?

Neverfail Group provides business continuity and disaster recovery solutions.

Where is Neverfail Group headquartered?

Neverfail Group is headquartered in Reading, UK.

Which VCs invest in companies like Neverfail Group?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Marktlink Capital back software companies at Neverfail Group's stage. Their profiles are linked below.

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