Denwa Raises £367K in Funding

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Summary

Denwa, a Barrowford, UK-based cloud and IT business, raised £367k in funding.Lancashire County Council’s Rosebud Finance provided the financial resources following two previous rounds.The company intends to use the funds to expand operations and create 20 new jobs.Established in 2006 by CEO Rob Scott, Denwa provides telecoms, broadband and cloud-based IT solutions to businesses nationwide, with recent client wins including ALDI and Simon Jersey.The company currently employs over 30 people and expects to double its turnover in the year ahead.

$ Funding

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Amount $573.6K Total raised
Date August 5, 2015 Announcement date
Investors - Lead investors
Company http://www.denwa.co.uk/ Funded company

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