
UK - YFM Venture Finance invests £400,000 into Lattice Voice
YFM Venture Finance, via its PIF and YHEF vehicles, has invested £406,000 into telecoms software company Lattice Voice Technologies.
PIF invested £320,000, while YHEF committed £86,000.
East Yorkshire-based Lattice's product, First Contact, is a multilingual telecoms solution for call centres. The system identifies the language of the caller, the reason for calling and translates between the caller and call taker, choosing a scripted dialogue that is appropriate in the context of each visitor.
The latest round is aimed at providing working capital for the company to install its products in a number of large organisations.
YHEF has previously invested £660,000 into the business.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater