Software firm secures £1.1m funding | Development Bank of Wales
Summary
Task management app, DropTask, has attracted a worldwide customer base, with teams and individuals at Harvard University, Nike, Ralph Lauren, Coca-Cola and McDonalds, among others, all joining its client list. Whilst iMindMap is an all-in-one Mind Mapping and visual thinking tool – the software is used for creative ideation by a large number of varied industries; ranging from education to finance. The DropTask app brings structure and transparency to every day work by allowing users to assign tasks, display progress, and increase productivity through enhanced collaboration. Owner and founder Chris Griffiths said: "OpenGenius is excited to gain this investment; it will play a big part in the companys development over the next year as we continue to expand our international customer base. Chris Griffiths is a respected, Welsh entrepreneur and has built an impressive organisation with an experienced management team which now has the ability to scale up and create additional high calibre jobs at its headquarters in Tec Marina.” This latest equity investment from the development bank follows a number of recent venture deals focussed on the rapidly expanding software sector within Wales.
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