LDC completed an investment in Phoenix Datacom.

Lloyds Development Capital, a mid-market private equity investor, completed an investment in Phoenix Datacom, a network security firm. Financial terms were not disclosed. "With LDC’s support we will be able to maximise this opportunity so that we can build, scale and further enhance our product and service offering. LDC’s experience of backing growing technology businesses gives us greater confidence in delivering our future growth plan," John Carson, Phoenix Datacom Managing Director.