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Comply Serve attracts six-figure sum

Article Date: Mar 12 2009

Birmingham-based Comply Serve, a developer of a web-based project compliance management system, has received funding to expand its business.

The company secured a total of £800,000 from Catapult Venture Managers and Midven, both generalist Midlands-based venture capital firms, as well as private investors.

Comply Serve’s founder and CEO Chris Rolison says, ‘This funding round, achieved in a particularly difficult economic climate, supports our growth ambitions in the UK as we pursue our strategy to establish ourselves as the leaders in the enterprise project compliance market.’

Rolison adds that the company’s products are being used on projects including London’s Crossrail programme and the East London line upgrade.

Roger Wood, a director of Midven, which invested in Comply Serve in 2007, says the company has made ‘significant progress’ since its initial investment.

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Comply Serve attracts six-figure sum

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