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Edesix
http://www.edesix.com/Last activity: 04.05.2018
Active - Reference to Motorola Solutions
Edinburgh based Edesix designs and manufactures body worn video recording equipment for security use, law enforcement and the protection of those in public facing roles. In addition to improving safety, its software is capable of producing compelling legal evidence when needed.
The company sells its products and services to local authority enforcement teams, police forces, bailiffs, security personnel, and transport firms. Customers include First Great Western, The Ministry of Justice, Police Scotland and the Abu Dhabi Police Force.
Edesix has secured two rounds of investment from Panoramic, totalling £1.5m, which has funded expansion into new markets such as the Middle and Far East and the continued development of technology.
The company is seeing significant demand for its products from overseas clients and Panoramic has worked with management to identify local partners that provide a cost-effective entry point into these new markets. The value of the contracts now being discussed represents a transformational opportunity for the business.
The company sells its products and services to local authority enforcement teams, police forces, bailiffs, security personnel, and transport firms. Customers include First Great Western, The Ministry of Justice, Police Scotland and the Abu Dhabi Police Force.
Edesix has secured two rounds of investment from Panoramic, totalling £1.5m, which has funded expansion into new markets such as the Middle and Far East and the continued development of technology.
The company is seeing significant demand for its products from overseas clients and Panoramic has worked with management to identify local partners that provide a cost-effective entry point into these new markets. The value of the contracts now being discussed represents a transformational opportunity for the business.
Employees: 11-50
Total raised: $2.8M
Founded date: 2002
Investors 1
| Date | Name | Website |
| - | Panoramic ... | pgequity.c... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 20.04.2018 | - | $2.8M | - |
Mentions in press and media 2
| Date | Title | Description |
| 04.05.2018 | DIGIT Deal Roundup: April 2018 | CityFibre CityFibre, the fibre-optics infrastructure company which is currently building networks across Scotland has agreed to a £538 million takeover. Antin Infrastructure Fund partnered with Goldman Sach’s-backed West Street Infrastructu... |
| 20.04.2018 | Edesix Raises up to £2M in Debt Funding | Edesix Ltd., an Edinburgh, UK-based manufacturer of Body Worn Camera solutions, raised up to £2m in debt funding. Beringea advised and arranged debt funding. The company will use the funds for the expansion of its sales operations as it tar... |