Tuesday 17th October 2006
Capital boost for Total Brand Security
Total Brand Security, the global brand protection and counterfeiting prevention specialist, has raised £250,000 from The Capital Fund. Managing director of Total Brand Security Adrian Simmons comments: ‘We were delighted with the speed of the fundraising process - following an initial approach in March, we had matters concluded by August.' Simmons adds: ‘The investment has come at a great time for us. We are in the process of developing a major presence in Asia, opening new offices in China, Thailand and Vietnam. Coupled with this is an expansion of our sales and marketing team to further diversify our client base and the solutions we can offer.’ Michael Kennedy, The Capital Fund's investment manager, observes: ‘We were delighted to be able to invest in Total Brand Security… One of the key factors in the company's success is the fact that customers are offered a variety of solutions and access to the leading edge technologies that mean their brand protection techniques are kept one step ahead of the fraudsters.’ The investment from The Capital Fund is the first injection of institutional funds into Total Brand Security.
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