Vital investment
Technology firms KeTech and Vamosa are the first to benefit from a UK government-backed fund providing vital investment to innovative small businesses.
Technology firms KeTech and Vamosa are the first to benefit from a government-backed fund providing investment to innovative small businesses.
In
KeTech will receive the equity funding from Octopus Investments, which manages £30m of the total £75m.
Founded in 1998, KeTech provides communication software and services to the rail industry.
It also produces specialist detection systems for use in defence and emergency services markets, together with a range of building-management systems.
The firm has more than doubled its turnover to £16m since 2006 and it employs more than 100 people at six
A further £1m investment is being made in Glasgow-based Vamosa, which specialises in the emerging area of Enterprise Content Governance (ECoG), supplying its software to businesses and the public sector.
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