Mandata Ltd secures funding for product development

Cramlington firm Mandata (Management & Data Services) Ltd has raised new investment funds to accelerate product development and aid further growth

A Cramlington-based software provider supplying transport management systems, has raised new investment funds to accelerate product development and aid further growth.

Mandata (Management & Data Services) Ltd has secured undisclosed funding from private equity investor Synova Capital, to help it advance development of its innovative software solutions. The move comes as Mandata positions itself to take advantage of growing market opportunities in the haulage and logistics sector, and a number of new jobs in technical development, customer service and sales will be created.

Stephen Robinson, director of Mandata, said: “Synova’s investment will enable us to dedicate greater resources to technology, research and development to advance our products and ensure we are well placed to meet a growing demand for our solutions.”

 

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