London -- CMS Global Technologies Ltd.
(CMS), a Swindon,
England-based wireless communications firm, announced that it
has raised £250,000 in venture-capital financing. The South West
Ventures Fund -- which was set up to make VC available to small
and medium-sized enterprises with high-growth potential in the
South West region -- led the round. CMS said it would use the
investment for expansion. "We've already identified a number of
growth opportunities within sectors outside our current core client
base," said CMS CEO Jason Airey. "These include sectors such
as utilities, airside services, NHS and field service maintenance
that have in common the employment of mobile workers."
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