MirrorWeb Secures $63M in Growth Capital for Compliance Software Expansion

The investment from Mainsail Partners will be used to accelerate product development and grow MirrorWeb's customer success organization

MirrorWeb, a Manchester-based supplier of regulatory and compliance software, has raised $68.8 million in funding after receiving a $63 million growth capital investment from Mainsail Partners. MirrorWeb is a global network for communications surveillance and archiving that was founded in 2016 and is aimed at providing services to finance companies, governments, and other regulated companies.

The MirrorWeb Insight platform, its most popular offering, helps businesses to record, store, and keep an eye on communications across a variety of platforms, including social media, email, instant messaging, websites, and mobile devices. This enables businesses to retain audit readiness while satisfying strict regulatory standards. David Clee, MirrorWeb's co-founder and CEO, highlighted the increasing regulatory focus on financial market integrity and investor protection. “Mainsail’s investment and operational resources will help us continue to support financial institutions as they navigate these complex regulations,” Clee said. The investment from Mainsail Partners will be used to accelerate product development and grow MirrorWeb's customer success organization, which is crucial as regulatory demands increase globally.

“MirrorWeb’s robust and user-friendly SaaS platform is trusted by organizations globally to improve compliance management in a rapidly evolving communication landscape,” said David Farsai, Partner at Mainsail Partners. Both Farsai and Garret Jackson of Mainsail Partners will join MirrorWeb’s Board of Directors, alongside Romir Bosu, CEO of Nadavon Capital Partners.