Menu visibility control

Video

Events

Startup Surgery

Most Recent

Government & Policy

UK tech reacts to the arrival of the Fourth EU Money Laundering Directive

News

Inbound investment into UK tech ‘reaches 10 year high’

News

Starling Bank expands to Ireland as it eyes Europe

Press Releases

‘Connected finance’ app Curve hits £50m spend ahead of UK launch
“Coffee, networking and productivity”: Workspace disruptor ‘Lounge’ launches in London
Kompli-Global’s Technology Will Make Life Harder for Money Launderers

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.

FinTech startup Yoyo Wallet gets £12m to expand across Europe

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

UK tech reacts to the arrival of the Fourth EU Money Laundering Directive
posted 3 hours ago

Inbound investment into UK tech ‘reaches 10 year high’
posted 4 hours ago

Starling Bank

Starling Bank expands to Ireland as it eyes Europe
posted 8 hours ago

FinTech startup Yoyo Wallet gets £12m to expand across Europe
posted 10 hours ago

Survey: 22% of female tech founders not heard by male investors
posted 11 hours ago

man smiling at colleague

Your employer brand: How to be more attractive to tech professionals
posted on June 25, 2017