Rainbird raises £1m from New Anglia et al.

The funding round was Rainbird's second seed investment. New Anglia Capital, a local enterprise partnership established by the government, injected £28,000, marking the first investment from the New Anglia LEP equity investment fund.

Regional angel investors and Anglia Capital Group, a co-investment platform, provided £100,000.

The fresh capital will enable Rainbird to hire eight more people and expand its operations.

Rainbird plans to launch its series-A in September 2015. 

Company
Founded in 2013 and based in Norwich, Rainbird is a platform enabling businesses to share knowlegde within their organisation. The company's 12 employees help businesses to encode individuals' knowledge in a cloud-based software platform.

People
Ben Taylor is the CEO of Rainbird. Chris Dashper is the head of programmes at New Anglia.

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