Enigma Digital appoints Julian Costley as Executive Chairman
September 13, 2017, Birmingham, UK. Press Dispensary.
Data recovery company Enigma Digital Limited
today announced the appointment of Julian Costley - a former senior executive at Thompson Reuters, France Telecom (Globecast NE), BSkyB, and E*TRADE UK - to its board in the newly created role of Executive Chairman.
Julian Costley joins current board members Lee Parry (CEO and co-founder), Alan Porter (CFO and co-founder), Dr. Richard Leaver (non-executive director representing Boundary Capital), and David Waroquier (non-executive director representing Mangrove Capital).
Enigma, a UK based software company, is one of the leading global providers of data recovery solutions for iOS smart devices.
Julian Costley said
, "Every minute thousands of users around the world lose some of their data, and Enigma is always there ready to help. The company is profitable, cash generative, delivering impressive growth, and the product road map is compelling. So obviously I'm delighted to be joining the team at Enigma at this time of market expansion. My job is to create the environment for further scaling
CEO, Lee Parry, added
, "It's great to have Julian on board. He brings operational and leadership experience from a career that has spanned major international corporations to early stage start-ups, predominantly in on-line and digital consumer markets. He's been though multiple capital raisings and exits. He tops out both the executive team and the board.
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Notes for editors
About Enigma Digital
Enigma Digital Limited (formerly Infinity Wireless) - www.enigma-recovery.com - was founded in 2012 and is focused on providing affordable, easy-use, secure, fast, and accessible smart device data recovery and restore services for consumers globally. It sells a range of desktop software applications and mobile apps for multiple platforms. These encompass 9 data types including SMS messages, contacts, call history, calendar and photos. And with more than 1bn data items recovered for more than 500,000 users in more than 150 countries, the company can claim to be one of the leading experts in its field.
In 2016 the company secured follow-on funding from its venture capital partners Boundary Capital and Mangrove Capital Partners together with private investment from new shareholder Aldo del Bo.
About Julian Costley
Julian Costley is an active angel investor and professional chairman/NED. He was a Country Manager at Thomson Reuters, then created his own TV channel on the UK's BSB (later BSkyB and now Sky), and was then founding CEO of France Telecom's Globecast satellite communications company. He met venture capitalist Hermann Hauser in 1998 and together they created E*TRADE UK, the UK's first all-Internet stockbroking firm, and effected a trade sale at the height of the dotcom boom. Since then he has invested in 18 companies and became chairman/NED or adviser to many more, focusing on the financial services, media, telecoms and internet markets in the UK, Netherlands, Scandinavia, France, Canada and China. He is an occasional lecturer/mentor/MBA course judge at London Business School, Said (Oxford) University, EDHEC (Nice), UM (Barcelona) and Skema Business School (Sophia Antipolis).
Globally there are 3.4bn internet users growing at 10% Y/Y, a smartphone base of 2.8bn, and a 45% Y/Y growth in monthly active messaging users, in addition to continued growth in device storage, app usage and hours spent online. Source - Kleiner Perkins Caufield Byers - Internet Trends - Mary Meeker.
For further information please contact
Shaazia Ebrahim, Enigma Digital Ltd
Tel: + 44 (0)121 237 4624
Tel: + 44 (0)7921 258485
Tel: + 44 (0)7711 685795
Mangrove Capital Partners
Boundary Capital Partners