Menu visibility control

Video

Events

Startup Surgery

Most Recent

Investments

IoT startup ThingTrax gets over £250,000 in Seed funding

Government & Policy

UK govt reportedly planning to ban encryption following Manchester attack

Investments

PropTech startup SPCE raises £280,210 on crowdfunding platform Seedrs

Press Releases

Zzish hits £1.15m funding target on Crowdcube for technology that will democratise quality education and move the needle on learning
Okappy announces the launch of its investment pitch on the AngelsDen equity crowdfunding platform
Recruitment disruptor talent.io poised for further growth with €8m investment secured

Reading-based Ecrebo gets £12m from investors including Sir Keith Mills

Ecrebo Digital Receipt Example
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Reading-based customer engagement platform Ecrebo has announced the closure of a £12m Series B funding round.

The company, which closed a $6.3m Series A in December 2014, drew support from investors including Sir Keith Mills, the founder of Air Miles and Nectar customer loyalty programmes; and former Warburg Pincus head of Europe, Joseph Schull.

The startup develops software that can be used by ‘bricks and mortar’ retailers to better engage with its customers.

A £12m Series B, a massive ‘Google Drive’ phishing scam, Apple’s $1bn fund and more in The Week in Tech

According to a statement, the funds will be used to develop the technology for Ecrebo’s digital marketing platform and the firm’s expansion across the globe.

Additionally, the money will be used to hire new talent.

Dr Hassan Hajji, co-Founder and CEO, said: “We are delighted to secure investment from Sir Keith Mills and Joseph Schull and to welcome them both to our board.

“Their long-standing retail expertise and investment experience will help to further enhance our product offering, recruit the best talent, and expand into North America, and beyond.

“We’re really excited about the impact this investment will have on our customers, employees and our technology in helping us to reach our full potential,” he added.

Sir Keith Mills said he was delighted to announce the investment in Ecrebo and added that he was looking forward to working closely with the team.

“Ecrebo’s technology gives retailers the ability to open up a marketing channel that is fully retailer-owned, enabling them to reach all their customers and engage them on a one-to-one basis in a way which is personalised, rewarding and convenient,” Mills concluded.

Enter your email address to receive updates straight to your inbox

* indicates required
Send me news on...
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Editor's picks

ThingTrax

IoT startup ThingTrax gets over £250,000 in Seed funding
posted 23 mins ago

Amber Rudd

UK govt reportedly planning to ban encryption following Manchester attack
posted 18 hours ago

SPCE

PropTech startup SPCE raises £280,210 on crowdfunding platform Seedrs
posted 19 hours ago

regulation

RegTech startup Regnosys gets $900,000
posted 21 hours ago

Theresa May

The Conservative manifesto: What does it mean for UK tech?
posted 21 hours ago

Quiqup team photo

On-demand delivery firm Quiqup gets £20m as it gears up for global expansion
posted on May 24, 2017