The funding round includes strategic backing from Avery Dennison alongside existing investors ARM and Cambridge Innovation Capital.
"Avery Dennison works with more than 10,000 converters, brand owners and retailers worldwide, making them an ideal supply chain partner to deliver solutions based on our unique technology. We appreciate the confidence in our business reflected by this investment from Avery Dennison, as well as continued strong backing from CIC and ARM"
The investment from YFM Equity Partners will fund international expansion and team growth at Traveltek.
"We chose YFM based on its long history of working successfully with owner managed teams and growing businesses internationally. YFM’s investment will allow us to continue to develop our market leading position by accelerating our existing international office network as well as expanding our local Scottish headquarters to support this growth."
The investment was led by British Smaller Companies Venture Capital Trusts to scale the Elemez analytics tool.
"YFM’s support will be instrumental in driving our future growth as we look to further develop our offering and customer base. Elemez’ analytics are key to improving productivity for enterprises where mobile solutions are business critical. YFM’s investment will enable us to recruit additional talent to meet the increasing demand from device manufacturers, managed service providers and enterprise customers."
The seed round was led by Mercia Fund Management with backing from angel investors.
"Mercia is the perfect partner for us, as their 'Complete Capital Solution' will be able to meet our needs as a personalised healthcare technology start-up. We need an investor that understands our journey ahead and can help us plan for future growth."
Balderton Capital led the Series A round to support international growth and product expansion.
"In compliance, we see lots of entrants with a new workflow, or user-interface tool that is just repackaging the same data. ComplyAdvantage is doing something different, by developing its own proprietary global data set of individuals and companies that pose a threat"