The Brief
Miracl (then CertiVox), a UK innovator in authentication and encryption solutions, was looking to raise funding to accelerate the development of its M-PIN Strong Authentication Platform. Together with the UKTI's venture capital unit, Miracl tasked Intralink with identifying potential strategic investors in Asia.
The Approach
We drew up a long list of potential corporate and financial investors, and prepared and localised the Information Memorandum. Through a series of calls and meetings, we presented the value proposition to the potential investors and reduced the long list to a short list of interested candidates. We then arranged for Miracl executives to visit Asia and meet directly with the potential investors.
The Result
The result was that NTT DOCOMO Ventures, the venture capital arm of Japan’s leading mobile service provider, agreed to join forces with Octopus Investments and invest $8M of Series B funding. Miracl was able to go on to establish a Japan office as an underpin to growing its business in the region.