The Series A round was led by Guinness Asset Management and will support the company's enterprise growth and product development.
"The workforce of the future is on-demand, adaptive, and independent. Distributed is here to enable those independent careers with more benefits than permanent employment, and to ensure that our customers can access high quality, motivated talent effortlessly with our enabling technology. This will see businesses building with smaller, more specialised core teams, supported by an Elastic™️ Workforce of experts that can be deployed to tackle any software goal in support of our customer’s missions."
The investment round was backed by Fuel Ventures and Guinness Asset Management to fund team expansion and product development.
"We have seen unprecedented demand for our content marketing collaboration platform over the last 12 months. This investment puts the business in an incredible place to expand our team, invest further in product innovation and deliver on our mission to become the leading content marketing suite for SMEs globally."
The financing brings total Series A funds to $33m to advance the company cell reprogramming pipeline.
"We are delighted to see the continued support of our existing investors, as well as welcome new investors Astellas Venture Management and Dr Jonathan Milner, in support of the progression of our initial programs through to IND-enabling studies."
The round was backed by FSE Group, Armajaro Holdings, Smith & Williamson, and Carlisle Commerce Group LLC.
"As a group we realised the benefits of developing our digital marketing strategy. We realised there was an opportunity to grow our database and promotional presence in the online market across our venues by developing our ticket selling platform. We looked at various systems on the market and felt that FIXR was the best fit for our business. The platform offers some key operational functions that benefitted both the consumer and venue management allowing a quick and easy customer journey when purchasing alongside a platform that allows the manager to be in complete control of their online offering 24/7."
The funding round was led by Maven Capital Partners via the Northern Powerhouse Investment Fund to support technology development and team expansion.
"The time is right to accelerate our growth and invest across the business in our proven technology solutions to expand their take-up and unlock new A.I applications,"
