Blackdot Solutions grows its board and its technology ambitions
Blackdot Solutions, the UK-based software company transforming the landscape of Internet-based (“open source”) investigations and research, today announces the appointment of Adam de Courcy Ling as its new Chairman. His appointment adds another important member to the senior team following the recent appointment as Chair of its Advisory Board of Lord Evans of Weardale, former Director General of the UK’s security intelligence agency MI5. Blackdot Solutions now has 25+ staff at its headquarters in Cambridge, and has deployed its software globally including the UK, USA, Australia and Asia.
The appointment of Mr de Courcy Ling coincides with news of Blackdot’s plans for a new version of its software, to be launched in 2017. Significant developments around data integration, added functionality, deployability and scalability of Blackdot’s already market-leading product are planned to be included in the new version. More details on this exciting development will be announced in early 2017.
Shaun O’Mahony, Founder and Executive Director at Blackdot Solutions said “We are delighted to welcome Adam to the Board as Chairman. He and Jonathan Evans embody the ambition we have to grow the company into becoming the leading provider of investigations software to the public and private sectors. As a former colleague of one of our directors we were already fortunate to have Adam as a friend of the company. With his appointment as Chairman we will now be looking to Adam’s proven track record as a software investor to help guide us through a sustained expansion of the company and a significant evolution of our product.”
Adam de Courcy Ling said “Many organisations doing professional investigations and research face overload from the exponential increase in online information. Costly, slow and often manual processes have not kept pace with the volume and diversity of information; dedicated tools are lacking. Blackdot has put together a very talented team, with deep domain knowledge, strong technical skills and a powerful, exciting solution, which has quickly gained traction with key customers. I very much look forward to working with the team on the next stage of their impressive growth.”
About Blackdot Solutions
Blackdot Solutions Ltd, founded in 2011 and based in Cambridge, UK, has developed unique, proprietary software with unrivalled capability for professional investigations and research. Blackdot’s software brings intelligence agency grade investigations technology in-house to a wide range of sectors including legal, financial and corporate. The software brings together global corporate records, unstructured Internet data, social media data and the ability to import client data. It collects, analyses and visualises this data so that real world investigative questions can be answered quickly and thoroughly. Blackdot’s own analysts provide expert training and support to client users. With Blackdot’s software, information from the Internet can become an organisation’s biggest single database of valuable intelligence. The software allows analysts and investigators to conduct their work in a fraction of the usual time, at much lower cost and with maximum rigour, all with the reassurance of security and auditability.
About Adam de Courcy Ling
Adam de Courcy Ling was for many years one of the leading M&A bankers in the technology sector in Europe, with a focus on software. He headed technology M&A in Europe at Credit Suisse until 2003 and was a partner at Arma Partners until 2010. He has more recently focused on principal investments in the European software sector. He was an investor and director in fintech software vendor Multifonds, sold in March 2015 for EUR235 million to Temenos AG, and lead investor and director in artificial intelligence vendor Expertmaker, sold in May 2016 to EBay Inc.
About Lord Evans of Weardale
Lord Evans of Weardale was Director General of the UK’s Security Intelligence Agency MI5 from 2007 to 2013. Lord Evans was appointed Knight Commander of the Order of the Bath (KCB) in 2013 and was made a life peer in 2015. Lord Evans chairs a private advisory board on behalf of Blackdot which provides the company with strategic assistance and advice.
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