The assets of Sheffield-based Iceotope have been bought out by a consortium, backed by a seven figure investment sum, on the back of entering administration in October.
Six Degrees Group, a new venture headed by British entrepreneur Alastair Mills, has launched today after securing £60 million of funding during the past 12 months.
Michael Phillips, managing director of price comparison website ConsumerChoices.co.uk, says developing his database from scratch in-house has been integral in keeping costs down.
After qualifying as a commercial pilot, New Zealand-raised Katherine Corich decided to pursue a career in information management. Her company, Sysdoc, now turns over £12 million globally and UK sales grew more than 42 per cent last year.
Celona Technologies, a developer of data migration software for communication service providers, has received an investment of £7 million from investment trust company Caledonia Investment.