Gradwell, a Bath, UK-based business VoIP telephony and Internet provider, has raised £1.15m from regional equity fund Altitude Partners LLP.
The company intends to use the capital to scale its technology and expand its customer base.
Founded in 1998 by Dr Peter Gradwell, Gradwell is an independent provider of Internet communications to SMEs in the UK offering internet telephony (VoIP), business broadband, website hosting and email management, amongst other services.
The company currently serves 12,000 UK small businesses with a turnover of £5m and a team of 60. It is hiring (http://www.gradwell.com/about/careers).
FinSMEs
14/03/2012