Watson Brown receives investment
Watson Brown announced today that it has received significant investment from two Venture Capital funds, UK based WHEB Ventures and ES Ventures of Portugal.
"We are extremely pleased with the result and we are looking forward to working closely with our new partners", a spokesperson for Watson Brown was quoted as saying.
The investment was the result of intensive negotiations between all parties and is based on a carefully developed business plan designed to meet the requirements of each of the contributors.
The funding should allow Watson Brown to continue to develop services based on HSM Technology and to enable a global roll-out in the near future.
October 2008
