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CEF invests in Infomill.

29/09/2004

Deputy Prime Minister, John Prescott, pictured with Infomill CEO, Jonathan Ralphs and Richard Bamford, Executive Chairman of EV

The Coalfields Enterprise Fund, managed by EV on behalf of the Office of the Deputy Prime Minister, has completed an investment in Infomill Limited.

The company, which is based in Derby, design cutting edge software for portable electronic data devices, such as PDAs. and was founded in 1996 by a team of software engineers, sales staff and managers. Many of the Infomill team have worked together since 1982 and been instrumental in developing ground-breaking MRO applications across a range of industries. There are over 10,000 users of Infomill's products world-wide.

The early-stage funding from CEF was provided as part of a syndicated larger funding package to enable the company to take their product to the next stage of its development.