Fedr8, a Farnborough, England, UK-based digital transformation company and application analytics software vendor, raised £600k (approx. $750k) in its third seed funding round.
The funding was raised through a placing of new ordinary shares by Sentient Capital, a regulated EIS specialist.
The company, which has raised £1.1m ($1.37m) in total funding, intends to use the capital to further develop its sales capabilities and Partner network in Europe and the US.
Led by CEO Damion Greef, Fedr8 provides enterprise companies with software that delivers the required business case information to allow them to make the right decision about their applications as they make the shift towards Cloud and agile delivery.
FinSMEs
19/10/2016