Birmingham-based Comply Serve, a developer of web-based project compliance management systems, has secured £800,000 from venture capitalists Catapult Venture Managers and Midven, as well as from private investors.
Birmingham-based Comply Serve, a developer of web-based project compliance management systems geared to large engineering and construction projects, has secured £800,000 from venture capitalists Catapult Venture Managers and Midven, as well as from private investors.
Comply Serve is focused on the UK transport infrastructure and the investment will be used to “develop the customer base and to help take it to the next level of development”.
Comply Serve founder and CEO Chris Rolison said, “We are at an exciting stage in the progression of our company as we continue to demonstrate the compelling value of our unique solutions to the transport infrastructure market.
“This funding round, which was achieved in a particularly difficult economic climate, supports our growth ambitions in the UK as we pursue our market strategy to establish ourselves as the leader in the enterprise project compliance market.”
Catapult has introduced Richard George as a non-executive director of the business.