Fissara secures £200,000 Chinese funding
Manchester software developer Fissara has received loan funding support from the UK Government’s Chinese investment programme. £200,000 will enable the team to invest further in developing its fieldforce management software. which allows companies to manage people, processes, stocks and schedules; delivering operational efficiencies, environmental savings, reduced costs, improved customer service and productivity. It has drag […]
Top tech firms in the North hit £1.9 billion revenue
The top 100 fastest growing technology companies in the North generated £1.9 billion in revenue in 2016, according to tech investment bank GP Bullhound. Hugh Campbell, managing partner of GP Bullhound, commented: “After years of huge potential, Northern tech companies now command the valuations and deals worthy of international recognition. “The tech sector in the […]
Newcastle’s Performance Horizon opens Hamburg office
The Newcastle-headquartered tech firm expects to hire six people in Germany by the end of the year with its first office in mainland Europe. Tipped to become a $1bn tech ‘unicorn’, Performance Horizons is opening its eighth office in Hamburg, and is considering a base in China. The firm tracks online sales and pays third […]
Northern Tech awards winners revealed
European technology investment bank GP Bullhound has revealed the winners of the Northern Tech Awards 2017. The awards recognised the entrepreneurs and businesses leading growth of the northern digital economy over the past year. The winners were selected by a panel of high-profile judges, including Richard Flint, chief executive of Sky Betting and Gaming, David […]
Fintech company Quint secures £10 million financing deal
Quint Group, the fintech company behind price comparison site MoneyGuru.com, has secured a £10 million financing deal with Manchester’s Tosca Debt Capital. Quint Group is based in the Macclesfield and will use the eight-figure boost to fund its recapitalisation. Established in 2009, it owns a portfolio of consumer credit business, including lending platform Monevo, Monevo Data Services […]
Liverpool software firm LivingLens raises £1.3 million
Liverpool’s LivingLens, a software provider which help companies turn consumer insight films into market research, has raised £1.3m in funding. Investors in the round included the Angel CoFund and a series of undisclosed angels from both marketing and financial sectors. The funding boost will be used to open operations in the US and expand sales, marketing […]
Newcastle tech firm Allay looks to add 200 additional jobs after tripling profits
Newcastle fintech firm Allay is on the acquisition trail after trebling its profits to £3m last year. The growth was made after Allay more than doubled its turnover from £7m to £15 during 2016. Allay has now kicked-off the next phase of its growth plans and aims to increase its headcount from 210 to 400 by […]
Profits more than double at Leeds health-tech business
Health-tech and software business EMIS Group has more than doubled pre-tax profits despite a decline in NHS spending which has led to restructure. The company reported pre-tax profits for the year to December 2016 of £25.3m, up from £10.9m over the previous year. Revenues increased 2% to £158.7m, but the company warned that the gap […]
Advanced boosts digital skills development with new apprenticeship fund
Software and services company Advanced has pledged its commitment to introduce 60-70 apprenticeships per year focused on developing digital skills. Advanced’s apprenticeship fund will be circa £500,000 per annum and the company wants to ensure the technical training focus for apprenticeships will support its regional hub strategy. This aims to attract local talent with high […]
Newcastle tech firm ION expanding with support from three high-profile investors
Newcastle-based ION has been providing Salesforce CRM (customer relationship management) software and cloud computing solutions to clients since August 2016. It has now secured an injection of private investment from Neil Stephenson, former CEO of Onyx Group and chairman of Redu Group, Alistair Waite, CEO of Altec Engineering and Fiona Cruickshank, founder of The Specials Laboratory […]
Stockport software firm Eticom expands after funding injection
Business management software firm Eticom has relocated its operations after securing £150,000 funding. A fast growing tech company plans a recruitment drive after moving into new premises. The loan has enabled the business to more than double the size of its headquarters with the purchase of a 2,500 sq ft industrial unit, which is now home […]
Sage MD steps down after seven months
Newcastle tech firm Sage’s executive vice president for Northern Europe Jacqueline de Rojas is stepping down from her position at the end of the week. Ms de Rojas was appointed to lead the software giant’s Northern Europe operations in July 2016, with over 25 years experience in the industry, and the most influential woman in the […]
Entry deadline extended for the UK’s longest running digital awards
The deadline for submissions for the Big Chip Awards until 5pm on Monday 20th March to enter. The Big Chip awards have celebrated excellence in digital and technology companies, organisations and individuals across the region for almost two decades – in areas including animation, search, user experience, eCommerce and digital transformation. Businesses, individuals and students from […]
Software chief executive from Proactis praises growth following acquisition
The chief executive of spend control software firm Proactis has said he is “delighted” with growth at the company following its acquisition of a bolt-on business last year. CEO designate Tim Sykes said that Proactis’ acquisition Millstream, which cost £15.5m last year, has contributed to strong revenue growth. He said that revenues for the six […]
DealTrak set to create jobs with Leeds Dock move
Motor industry finance platform DealTrak has announced its relocation to Leeds Dock, bringing 33 staff with it. The company, which was previously based in Wakefield, is planning on expanding at the site, and will create another 7 jobs by the end of the year. Its new headquarters are a 5,300 sq ft self contained workspace, previously […]