Nomad Digital Raises £1.25M
Summary
Nomad Digital Limited, a Newcastle, UK-based provider of on-board IP connectivity solutions to the rail industry, has received a £1,25m in venture debt financing., a Newcastle, UK-based provider of on-board IP connectivity solutions to the rail industry, has received a £1,25m in venture debt financing.Established in 2002, Nomad Digital delivers high-speed, end-to-end wireless network solutions for transportation fleets.Its networks and solutions are deployed in Europe, North America, the Middle East and Asia on over 1500 vehicles.It is managed by Top Technology Ventures, the FSA regulated subsidiary of IP Group plc, and is backed by the European Investment Bank, One North East and European Regional Development Funds.
Funding
Amount
$1.8M
Total raised
Date
June 4, 2010
Announcement date
Investors
North East Technology Fund, Northstar Ventures
Lead investors
Company
http://www.nomad-digital.com
Funded company
Classifications
industries
Construction
applications
Data Management
AskAI Classifications
Labels
Transportation Software
Fleet Management Software
Passenger Experience Software
Linked Companies
Nomad Digital
$25M to $50M