UK, Intamac Systems Raises £1M in Venture Capital Financing

Funding Rounds

Summary

Intamac Systems Ltd, a Northampton, UK-based provider of interactive home broadband services, has received a £1m equity investment from venture capital firm Seraphim Capital.The company has developed a web-based platform that enables a broad range of new products and interactive services for consumers to remotely monitor and control their home environment.This platform has been designed to work with the new generation of intelligent household devices such as alarms, locks, cameras, electrical appliances and even utility meters, which can now send and receive information wirelessly via a household’s broadband connection.Intamac’s system provides a simple web interface which can be accessed via either a computer or a mobile phone to manage all these devices and deliver innovative new services.Founded in September 2000, the company is led by CEO Kevin Meagher.

$ Funding

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Amount $1.5M Total raised
Date December 28, 2009 Announcement date
Investors Seraphim Capital, Catapult Ventures Lead investors
Company http://www.intamac.com Funded company

Classifications

industries
No industries detected
applications
E-Commerce & Retail

AskAI Classifications

Labels
Internet of Things (IoT) Platforms SaaS Software Development

Linked Companies

Intamac
$1M to $5M