Connect Technology Group Limited, a Burnley, UK-based childcare management systems vendor, has received an equity investment from the North West Fund for Digital & Creative, managed by AXM Venture Capital Limited.
The amount of the transaction was not disclosed.
The company intends to use the proceeds to investment to develop innovative systems for the UK Childcare sector.
Led by founder Chris Reid and chairman Ashvin Pathak, Connect Technology Group supplies, installs and supports Management Software, Time and Attendance and Security Systems to the UK Childcare sector.
The company has a large customer base in the nursery and wider childcare market, including local authorities and not-for-profit operators, and with an increasing focus on the largest private sector chains.
It currently employs 13 staff.
FinSMEs
12/09/2012