Ed Barnes, Head of Corporate and Commercial has recently advised DriveWorks. A North West-based innovative business in its growth plans. This led them to receive a £4m investment to help drive its international expansion.
DriveWorks is used by companies to build their own design automation and online 3D sales configuration software. The Queen’s award-winning software business has received funding from growth capital investor BGF. They said it will support continued investment in the technology to accelerate growth. That’s as well as positioning the business “to address the significant market demand” for customised 3D product visualisation.
Glen Smith and Maria Sarkar, co-founders of DriveWorks, said: “Our company is built on innovative technology, high standards and above all else the quality and commitment of our people to our customer base and channel partners. ”
Ed Barnes commented, “We have experience in advising many fast-growing technology companies and are delighted to be part of the scale-up journey with DriveWorks which has shown exceptional innovation and global growth. We wish them well with their expansion.”
With an already established userbase in the US, DriveWorks’ technology has a truly global reach and is utilised by thousands of customers across 47 countries.
For the full press release and details please click here
For commercial legal advice on scaling up contact Ed Barnes via email at edward.barnes@dtmlegal.com or call him on 01244 354829
