Angels inject £895,000 into Real-Status

Real-Status, a developer of advanced software, has secured £895,000 through business angel network Envestors.

The investment in the business, which was formed through two Cambridge-based companies Intergence Systems, an IT consulting business, and Geomerics, a games graphics company, follows the recent signing of two customers from Dubai and California, according to an Envestors statement.

Real-Status, led by chief executive Royce Murphy, uses graphics and modelling techniques from the computer games industry to create dynamic and real-time models of complete information and communication technology (ICT) infrastructures.

Technology commercialisation company Braveheart acquired Envestors in August last year, which created a larger group that makes investments in businesses of between £100,000 and £5 million.

Todd Cardy

Todd Cardy

Todd was Editor of between 2010 and 2011 as well as being responsible for publishing our digital and printed magazines focusing on private equity and venture capital.

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