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Datanomic

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Deal Release:

Datanomic

25 Feb 2005

ICON secures £2.5 million investment for Europe's fastest growing data company.

ICON secures a second round investment of £2.5 million for Datanomic from 3i and existing investors DN Capital.

Datanomic specialises in end-to-end data quality management and information assurance. It delivers the world's only integrated data quality software system that combines data audit, clean, error prevention and compliance.

The company solves data quality and business process problems for its rapidly growing European blue chip client base across all sectors including telecoms, finance, utilities and engineering. Existing clients include AMEC Oil and Gas, Powergen, Alliance & Leicester and COLT Telecom.

The Deal: