Crowdcube has become the first regulated crowd-funding platform in the UK to give investors direct shares in businesses as part of its efforts to offer investors more protection. The platform has been working with the Financial Services Authority (FSA) since December 2011 to come to an agreement. To date Crowdcube has signed up 28,000 investors and orchestrated £5 million of investment into 36 businesses since its launch in February 2011. Crowd-Funding has become a very popular way for SME’s and startups to raise relatively small amounts of Debt funding but
Read more →Outsourcery has raised a further £4m to support its growth and scale the business. As the funding round was oversubscribed, the company may elect to raise a further £1m. This financing round included investments by both individual and institutional investors. The cmpany continues to experience strong growth in demand for its integrated cloud-based services via its growing number of partners and their end-customers. Outsourcery’s partners include IT and communications service providers and systems integrators of all sizes. The demand for Outsourcery’s cloud-based services has been particularly strong in the enterprise,
Read more →Milan Sallaba, Head of Telecoms Strategy Advisory at KPMG, comments ahead of the start of the UK 4G spectrum auction process: “Each of the existing UK mobile network operators is under significant pressure to upgrade their networks to 4G, but most of them are having a tougher time making money from mobile data. Unless additional credible contenders emerge and join the bidding, the auction may bring in less than the £3.5bn expected by the government. “In Germany, where the auction took place in 2010 , the 4G spectrum went for
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