Sponsored by
Braveheart renews support for Traak
BRAVEHEART, the Perth-based investment house, has led a third funding round for software developer Traak Systems, pumping in £170,000.
Edinburgh-based Traak was set up in 2005 to create software for handling the ever-increasing amount of data generated by sensor systems and radio frequency identification (RFID) tags.
Braveheart said the money would provide working capital to allow Traak to complete its product development and to launch it with select customers.
Geoffrey Thomson, Braveheart chief executive, said: "This further investment demonstrates not only our continued confidence in the company's technology and management, but also our ongoing commitment to support our most promising portfolio companies."
Other investors included Scottish Enterprise.
Email to a friend
Print this page- Alistair Darling leads ‘No to independence’ fight over tea and biscuits
- Scottish independence: SNP flip-flops over Nato
- Today’s youth not fit to be employed, says car firm Arnold Clark
- Scottish Independence: SNP ‘won’t be Yes campaign’s only voice’
- Rangers takeover: Duff & Phelps threaten legal action against BBC
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Thursday 24 May 2012
Today
Sunny spells
Temperature: 10 C to 23 C
Wind Speed: 12 mph
Wind direction: North
Tomorrow
Sunny spells
Temperature: 9 C to 21 C
Wind Speed: 14 mph
Wind direction: North east
