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Edenbrook secures £1m VC funds

Elderstreet opens purse strings

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Software consultancy Edenbrook is getting a £1m investment from venture capitalists Elderstreet.

Edenbrook will use the money to finance its growth plans, both organically and through acquisition. It is kicking off by buying Moliere, a Manchester-based consultancy which employs 41 people.

Edenbrook names Microsoft, Oracle, IBM and SAP as core technology competencies.

More here. ®

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