Qire Raises Funding from Capital for Enterprise Fund
Published On January 7, 2010 |
Qire, a Liverpool, UK-based provider of Intelligent Voice Messaging (IVM) solutions, has secured venture capital funding from Government-backed Capital for Enterprise Fund, which is managed by Maven Capital Partners.
Qire’s system help organisations automate communications with their customers through interactive voice messaging, SMS text, email and online providing a complete outsource solution. The company will use the funds to support its plans to strenghten its position within the utility, financial and healthcare sectors and become the UK’s leading provider of IVM business services.
The Capital for Enterprise Fund makes investments of between £250,000 and £2m into businesses which meet the European Union’s definiton of Small- and Medium-Sized Enterprises. Investments aim sound businesses with existing cash flows and growth potential but over-geared. The fund provides equity or mezzanine financing.