Tesco buys London based digital music service We7 for £10.8M
Category: Success stories
UKs leading entrepreneurs and business owners tell us the secrets of their business success
UK firms patent could mean remembering website passwords will be thing of the past
UK start-up company Ensygnia confirmed today that, following an 18-month process, it had been granted its first technology patent by the UK Patent Office which could consign (forgotten) IDs and passwords to the past.
Yorkshire Business Angels instrumental in CamStent funding round success
Medical materials company CamStent has successfully completed a second funding round with Yorkshire Association of Business Angels (YABA) members playing a crucial role in its success.
Huddle raises £15.3m in series C funding round
Cloud-based content collaboration firm Huddle announced today that it has raised $24 million (£15.3m) in its Series C round of funding.
Yell acquires digital commerce tools company Moonfruit for £18M
Yell has announced the acquisition of Moonfruit Limited, the UK’s leading DIY website and online shop builder.
Gradwell announces expansion plans following £1M investment
Business VoIP telephony and Internet provider Gradwell has today announced plans to make it self four times larger in four years – supported by a £1.15 million investment from regional equity fund Altitude Partners LLP.
Time Out Group acquires Kelkoo Select
Following its purchase in November of offers business Keynoir, Time Out Group, the world’s leading source of information and ticketing for arts and entertainment has acquired the Kelkoo Select daily offers business.
Time Out acquires exclusive members’ lifestyle club Keynoir
Time Out Group, the world’s leading source of information and ticketing for arts and entertainment has taken a further step in its rapid progression towards consolidation as a digital media group and towards its goal to reach a worldwide audience of 50 million per month with the acquisition of the Keynoir daily offers business.
Screens at Work secure £200,000 Regional Growth funding
Screens at Work Limited have been successful in gaining a £200,000 loan from the Regional Growth Loan Scheme (RGLS), managed by Finance East and financed by the East of England Development Agency (EEDA).
Cloud based software Liquid Accounts secures second round funding
Cloud Accounting software specialist, Liquid Accounts has successfully secured second-round funding in order to develop its sales, coinciding with the release of Version 7 of its award-winning online accounting software. The new version includes many enhancements including a new optional integrated Payroll module.
Cass Entrepreneurship Fund invests in mobile technology company Flypost
The Cass Entrepreneurship Fund has announced an investment in a new technology company which combines events listings with geo-location functionality. Flypost has also been selected as one of the leading UK digital companies for this year’s UK Trade & Investment (UKTI) Mission to SXSW Interative 2011 in Austin Texas, which is taking place this week. The company has launched their new iPhone Application for this event.
Property website Zoopla.co.uk raises a further £3.25M to fund further growth
Zoopla.co.uk, the leading UK property search and information website, has announced that it has raised a further £3.25 million of new funding to accelerate its already impressive growth.
Crunch.co.uk secures impressive second round of funding
Online accountant Crunch.co.uk is gearing itself up for a period of rapid expansion as it continues to consign the traditional accountant-model to the history books with its innovative service.
Website sale sees founders & investors able to dine out at the best top table
Karen Hanton, who was inspired to start the restaurant booking website toptable.co.uk in 1999 out of frustration at the sight of empty places in her London restaurant, has served up £35million after agreeing to sell to US firm OpenTable. The deal will see the Scottish entrepreneur receiving a £16million windfall for her majority stake.
Luke Johnson increases portfolio with Ego Group investment
Luke Johnson, the prolific and outspoken business investor, has taken a majority stake in Ego Group, a chain of Mediterranean restaurants run by James Horler, former chief executive of La Tasca.