Unite Technologies Ltd, a Usk, Monmouthshire, UK-based provider of data centre and IT infrastructure solutions, received a £700,000 equity and debt investment from Finance Wales.
The proceeds from the financing will enable the company to accelerate the further development of its power and environmental monitoring solutions and expand the company’s presence into North America.
As part of its development plans, Unite Technologies, which has recently secured two further contracts worth circa £1.5m with large financial institutions based both here in the UK and the USA, opened a New York office.
Unite’s solutions provide companies with a consolidated view of energy consumption and can report this over a network in real-time. Its customer base consists of global organisations with large business critical data centres. This covers a wide range of market sectors including financial, broadcast, hosting, telecoms and government.
The company was established in 2007, following the merger of Comrac Ltd and Sinetica Corporation and currently employs 35 people in 3 offices.
FinSMEs
09/09/2010