Maven completed the £15m investment in ProofID.

Maven, a private equity and investment firm, completed the £15m investment in ProofID, an identity security partner, integrator and service provider. "The investment in ProofID represents an attractive opportunity for our buyout fund to add a high-quality cyber security business to its portfolio. The business has experienced significant growth since it was established and benefits from high levels of recurring revenue. IAM is increasingly important to businesses and a key enabler to other aspects of cyber-security, including zero-trust strategy. Tom and the ProofID team are highly experienced and well regarded within the sector. We are excited to work with them and support the next stage of ProofID's growth," Jeremy Thompson, Maven Capital Investment Director.