£5 Million in Venture Funding
Overview
On October 4, 2016, Vizolution announced that it has received £5m in new equity investment to drive product development and international growth. HSBC has led the £5 million investment round that has included existing shareholders, most noticeably Finance Wales, who has invested £1 million as part of the round. Finance Wales has supported Vizolution over multiple rounds of investment. The new funds will be used to expand Vizolution into North American, APAC and EMEA markets, as well as fuel increased product development that will allow Vizolution to continue to deliver innovative, market leading solutions.
About HSBC
HSBC is a British banking and financial services organization that offers a comprehensive range of services.
About Finance Wales
The Finance Wales Group is one of the UK’s largest regional SME investment companies and provides growth capital for small and medium-sized businesses in the UK.
Content Source
You can find more information on Vizolution funding on their website.
The Author
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