Leeds-based data management services provider Oriium has secured a seven-figure funding package from Allied Irish Bank.
The funding will support growth through acquistion and expansion for the company, which works as a wholesaler of IT services for major public sector and blue-chip clients.
Oriium, which was set up in 2007, has a headcount of 70 and recently announced a significant increase in turnover from £2.8m in 2015 to more than £11m this year.
Founder and managing director Chris Kiaie said: “Since starting the business back in 2007 we have expanded at a rapid rate and the investment from Allied Irish Bank will enable us to support our continued growth and provides an excellent platform from which to identify and pursue acquisition opportunities.
