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Venture capital firm MMC Ventures has made another play in the cloud computing market by backing Reading-based Invenias.
MMC Ventures has made its fourth play from its MMC London Fund a day after it was officially launched at City Hall in London.
MMC Ventures has launched its MMC London Fund after winning a mandate from the Mayor of London and the European Regional Development Fund.
Venture capital-backed Love Home Swap has landed its first acquisition, using the investment capital it secured through its two 2012 fundraisings.
MMC Ventures has backed Love Home Swap for the second time in 2012 by investing £800,000.
Investor MMC Ventures has led an £850,000 round in home-swapping website Love Home Swap.
Digital rights management company MyVideoRights has been rebranded as Base79 following a £2.75 million investment from MMC Ventures.