Panoramic Growth injects £1m in Dog Digital
Scottish venture capital firm, Panoramic Growth Equity, has invested £1m in digital communications agency Dog Digital Limited.
The funding will support global expansion plans of the Glasgow-based firm that plans to open branches in London and Singapore.
Growth will be achieved through a broadening of the company's service offering.
Panoramic's PGE 1 fund contains £34m to be invested in young UK businesses. It is Government-backed and typically invests between £0.5m and £2m.
Company
Dog Digital was founded in 1996 and employs 53 staff.
It has had 20% year-on-year growth since its launch, leading to a current turnover of £3.6m.
The company's services range from web development to search & display advertising. Its clients include blue-chip organisations and consumer brands such as Adobe Europe and UEFA.
People
Stephen Campbell, David Wilson and Malcolm Kpedekpo are founding partners at Panoramic Growth Equity.
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