Six-figure sum for Specle

A developer of software for the print media industry has secured first-round funding of £150,000 to grow its business.

A developer of software for the print media industry has secured first-round funding of £150,000 to grow its business.

The round was led by early-stage investor Avonmore Developments with participation from entrepreneurial brothers Simon and Dale Murray.

Steve Daykin, the CFO of Sainsbury’s Magazine publisher 7 Publishing, has joined Specle’s board.

The company, whose software for communicating publication specifications has been used by agencies and publishers in Belgium, is now planning to expand into other regions.

Nick Britton

Nick was the Managing Editor for growthbusiness.co.uk when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary... More by Nick Britton