Cash boost will help growth at Administrate

John Peebles, seated centre, and the Administrate team. The fresh funding will help it expand its presence in North America

John Peebles, seated centre, and the Administrate team. The fresh funding will help it expand its presence in North America

Share this article
0
Have your say

AN EDINBURGH software firm is looking to tap into the global explosion in online learning and training after securing fresh six-figure funding.

Administrate, which is based in the capital’s CodeBase incubator, will use the £577,000 investment to grow its presence in North America, which accounts for about a quarter of its business. It has also identified longer-term opportunities in developing markets within Africa, Asia and South America.

The latest funding has been provided by Archangels Investors and the Scottish Investment Bank.

Chief executive John Peebles said: “Education is rapidly and fundamentally changing and we’re excited to help position our customers at the forefront of this transformation.”

John Waddell, chief executive of Archangels Investors, said: “It is very satisfying to see the progress made by Administrate since we first invested in 2010.”

SUBSCRIBE TO THE SCOTSMAN’S BUSINESS BRIEFING

Get the latest business headlines from a variety of news sources emailed to your inbox each morning

Back to the top of the page