GEIF VENTURES MAKES ITS FIRST CO-INVESTMENT
Friday 27 June 2003 @ 2:38 pm
Reality Telecom benefits from £100,000 match funding.
GEIF Ventures, a major new investment fund set up in April 2003 and officially launched in Cambridge today by Nigel Griffiths MP, Minister for Small Businesses, to match the investments made by business angels has announced that it has made its first investment. Reality Telecom, which develops call handling products for SMEs and already has over 1000 business customers in the UK, has received £100,000 as part of a £225,000 second seed funding round to develop its business.