Mobeus leads £4m funding round for Rotageek
Mobeus Equity Partners has invested ТЃ2m in a ТЃ4m funding round for London-based enterprise software company Rotageek.
The GP made the investment through its VCT vehicles and the deal was led by Greg Blin who will join Rotageek's board.
Stuart Dawson, formerly managing director of the ABS division of Iris Software has also joined the board.
The software business will recruit development and customer services specialists as part of its expansion plans.
Company
Rotageek was founded in 2009 and is headquartered in London. The company develops enterprise software for employment rotas. It analyses customer patterns to match employee shifts with a store's labour requirements to create optimised schedules. It also allows staff to manage shift swaps and leave requests. The company employs 32 people and said its revenues have trebled in the last year. It has an additional office in Melbourne, Australia.
People
Mobeus Equity Partners – Greg Blin (investment director).
Rotageek – Chris McCullough (CEO).
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