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EAGLEWOOD INVESTMENT
TRI CAP INVESTS IN TRAINING MARKET LEADER
Borders- based angel syndicate, TRI Cap, has taken part in a funding round for Eaglewood Systems Ltd, an established business focusing on the marketing of its exclusive software product targeted at the training consultancy market. £750,000 was raised from Archangel Informal Investments and TRI Cap to support the company’s planned international marketing drive.
Eaglewood’s software product, Administrate, is a Business Management System (delivered online as Software As A Service) specifically tailored for training providers. The product offers an integrated solution with a range of features including customer relationship and sales lead management, training course & event management and integrated accounting.
Eaglewood’s customers are world wide: its largest client has 100 users based in offices in 20 countries -however the typical Administrate client is a small business (< 7 users).
Commenting on the investment, TRI Cap chairman Robert Dick said:
“Eaglewood is an established business with a mature product which is currently achieving good penetration in its chosen market. The company has ambitious plans for development on a global basis. TRI Cap members were impressed with the company’s clear understanding of its market and vision of its direction, and we look forward to working with the management team to provide support over the coming years.”
END
September 2011
Issued on behalf of TRI Cap by Eileen Prior, PR Consultant.
For further information contact Eileen Prior on 07802 180412, or email priorpr@btinternet.com
Visit www.tricapital.co.uk for more information.