Wazoku, a London, UK-based idea management platform, raised a now round of funding.
The round, which brought total funding to £1.25m, was led by the Cambridge Angels investment group and New Model Venture Capital, the FCA authorized fund manager set up by the founders of Find Invest Grow.
The company intends to use the funds to accelerate product development and expand to new markets.
Led by founder and CEO Simon Hill and newly appointed COO Jon Landau, former Huddle VP, Wazoku provides a platform that allows organizations to crowdsource, capture, discuss and analyze ideas from internal or external communities (employees, partners, customers or the general public).
Clients include Shop Direct, NHS, BBC and Capita, among others.