Software firm secures £19m investment to finance growth ambitions
A Worcestershire software firm has secured investment of more than £19m to fund its global expansion in a deal part advised out of Birmingham.
Rimilia, which is based in Stoke Prior, near Bromsgrove, produces software that enables companies to match up cash receipts against invoices. This automated process can reduce the need for large credit control teams.
The firm was founded in 2008 at the height of the global financial crisis when the company directors identified the need for an automated solution to cash allocation and r... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...