Business Angels Invest £300K in Glasgow-Based Firm Raven Controls
Software firm Raven Control plans to use the fresh funding to boost in-house capability and create five new jobs at the company.
Glasgow-based software resilience experts, Raven Controls, raised £300,000 in funding from business angels David Fletcher, Malcolm Jones, and Clark Wilson. The company said it will use the investment to create five new jobs to help it develop its in-house capability, and in addition, grow its sales and marketing team.
Raven’s software allows staff at events to log incidents in real-time via mobile phones or tablet computers in place of traditional methods, such as logging paper reports.
Not only does the technology reduce incidents of human error, but also streamlines the process and saves the company time, makes security response quicker and boosts efficiency. The company’s technology was deployed at the Ryder Cup and European Athletics Championships.
Founded in 2016 by Ian Kerr, Raven is a spin-out from ID Resilience, which has carried out security and readiness testing and exercises for clients including the SEC, English Football League, European Tour and the Rugby World Cup 2015.
Kerr, an expert in counter-terrorism and event security said: “This investment will allow us to grow our in-house development team by hiring software engineers, including Scotland’s top PHP developer talent.
“Over the course of the year ahead, we aim to recruit a further five members of staff to grow our team. Taking on these members of staff will allow us to continue to grow our events business in the UK and in continental Europe during the coming months.
“We are also looking at international opportunities further afield, including the football world cup in Qatar, and are very much looking forward to attending the Stadium Managers Association in Miami, USA.”
Fletcher added: “The world is awash with data, but the secret is to be able to translate it into meaningful information. Being able to log incidents and analyse that data is essential for keeping people safe, especially in large crowds.
“That’s exactly what Raven’s software can do, and it has myriad uses at sporting stadiums, music venues, airports and many other locations. There are plenty of exciting opportunities ahead for Raven and myself, Malcolm and Clark are excited about joining Ian and his team on this journey.”
This funding comes after a year of success and growth for the company. Last year, Raven won £65,000 from Scottish EDGE, the UK’s largest business funding competition.
As part of its expansion, the firm recently took up residence at Red Tree Magenta, a £9 million Grade-A office building in the Clyde Gateway development in Glasgow. The firm also appointed Gavin Dutch as its non-executive chief technology officer.