hedgehog lab Raises £1M in funding

hedgehog lab Limited, a Newcastle, U.K.-based mobile app designer and technology consultancy, raised £1m ($1.34m) in funding. 

Maven Capital Partners made the investment.

The company intends to use the funds to continue to further invest in its sales and marketing function, boost its delivery capabilities and broaden its presence overseas, while also creating additional jobs.

Founded in 2007 by CEO Sarat Pediredla and Mark Forster, hedgehog lab is a mobile app designer and technology consultancy operating in a large and fast growing market which is being driven by an increasing numbers of both app users and a variety of devices and platforms, including smartphones, tablets, desktops and wearables. It has secured large contracts from blue chip clients and has already worked with large businesses including Thales, The Financial Times, Channel 4, Mitsubishi and Microsoft HoloLens.

The company currently employs 120 people, sales presence in the UK, US, Denmark and India and delivery teams in the UK and India.




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