Exterity raises £1.1m funding

EXTERITY, a Fife-based company that provides internet television services for offices, schools and other organisations, has raised £1.1 million in its latest funding round.

Existing investor Sigma Capital Group pumped 800,000 into Exterity, while Borders-based business angel syndicate TRI Cap and Scottish Enterprise's Scottish Co-Investment Fund each invested 150,000. Exterity said the cash would "accelerate expansion in the UK, European and Middle East markets".