Smartology, the contextual adtech platform today announces that it has closed its £2.8m ($3.6m) Series A round of financing led by Committed Capital, the fast growth UK technology investment firm. Smartology will use the funding to fuel product development and its expansion in North America and across EMEA. Tim Steel, Chairman of Committed Capital, has joined the Smartology board as Investment Director.
Tim Steel, Chairman, commented: “The Board would like to express its thanks to Richard for his significant contribution to the Group over the past six years...WH Ireland has two successful businesses with good prospects and a solid financial platform. We intend to focus on accelerating the growth and profitability of each business for the benefit of all of the Company’s stakeholders.”