This cookie is used by Google to make advertising more engaging to users and are stored under. This cookie is set by Casalemedia and is used for targeted advertisement purposes. The cookie is used to collect information about the usage behavior for targeted advertising. The cookie is used for targeting and advertising purposes. This domain of this cookie is owned by agkn. These cookies track visitors across websites and collect information to provide customized ads. FDC is committed to supporting regional businesses and we look forward to working with Igloo’s talented management team as the business continues to expand even further globally.”Īdvertisement cookies are used to provide visitors with relevant ads and marketing campaigns. This latest investment will support the firm as it continues to roll out its immersive workspaces and expands its presence in new sectors. “Despite the disruption caused by Covid-19, Igloo Vision continues to innovate – boasting a strong order book and ambitious plans for 2021. FDC has supported Igloo throughout its growth journey, providing several rounds of funding and working with the company to realise its aims. “Igloo Vision is leading the way in the development of shared immersive technology and software. Graham Mold, head of growth capital at Frontier Development Capital, said: £1 million to the technology company in other funding rounds. FDC has invested in Igloo previously, providing c. The company also has centres in Los Angeles, New York, Melbourne, Toronto and Rotterdam, with offices planned for Dubai and Houston.įrontier Development Capital is a national fund manager supporting SME businesses with debt funding investments of up to £7 million. Igloo is headquartered in Craven Arms, Shropshire. We envision our immersive workspaces as the way for astute organisations to collaborate and our mission is to bring these spaces within the reach of any organisation, anywhere.” “This new round of investment will enable us to continue rolling out our latest immersive meeting room product globally. In the wake of the Covid-19 pandemic, more and more organisations are investigating our technology to find out how it can help them work faster, make better decisions, and bring together teams from around the world. “As an ambitious technology company, we have carved out a strong reputation and have already partnered with many of the world’s biggest brands, with many more projects on the way. £1m of equity raised last year from Ingenious and others.ĭennis Wright, CEO at Igloo Vision, said: The £2 million funding round was led by a debt investment from Frontier Development Capital (FDC). It has also been installed in more than 40 universities around the world, often to help deliver virtual lectures to remotely located students. In the past few months, Igloo’s immersive workspace technology has been installed by companies such as Nike, Deloitte, Microsoft, FedEx, Diageo, and more. Following the Covid-19 pandemic, companies are looking for new collaboration spaces, which enable on-site teams to review data and documents from many different sources, and also to engage with colleagues based around the world.
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