600k boost for Cumbrian tech firm behind police digitalisation
A technology company helping the police with its "digitalisation agenda" has received a £603,000 investment boost by Northern Powerhouse Investment Fund (NPIF).
The investment from NPIF, which is managed by Maven Capital Partners, will enable Coeus Software Ltd to expand its operations in Cumbria by building its sales team and implementing a new sales and marketing strategy.
Founded by software specialists Simon Hall and Chris Eccles, Coeus provides self-service and cloud-based mobility platforms to digitise day to day business and operational procedures and replace outdated manual, paper-based processes.
Designed for mobile workforces that need to use or collect auditable data and intelligence, Coeus can collect information on any smart handheld device to make any organisation more efficient, accountable and profitable.
Its PoliceBox product is designed to support the new digitalisation agenda of the police force as well as new Police National Compliance procedures.
Co-founder and CEO Hall has 30 years’ experience in specialist technology projects in the police/military and public safety and commercial projects across the globe, while co-founder Eccles is responsible for software strategy, architecture and implementation as CTO.
Jim Darlington, investment manager at Maven Capital Partners, said: “We are delighted to support Coeus in realising its growth strategy. The company’s offering is innovative and will allow users of the software to seamlessly increase their mobile workforce’s productivity whilst saving time and money. Simon and Chris are experienced and dedicated with excellent contacts in the markets they are targeting and we look forward to working with them in driving the business forward.”
Simon Hall, Co-founder and CEO at Coeus, said: “Coeus has created a mobility platform to enable smarter working.
"Our vision is to empower organisations to digitally transform their working processes to bring about swift, quantifiable and beneficial business change. This investment is perfectly timed, to enable us to expand into a growing market as customers move over to Office 365 and the Cloud. We are excited to grow our operations and provide fantastic new job opportunities in the North of England and develop our links with Northern universities.”