The Cardiff-based governance specialist secured equity backing to expand its software and team.
"Our research, evidence-based approach means that we can provide bespoke reports for individual Board members so that they can understandwhat they can do to have a greater impact in the boardroom."
MMC Ventures led the Series A investment with co-investment from Forward Partners to support scaling as demand for real-time services grows.
"This funding allows us to really ramp investment in the platform and build more features that we know developers need to further integrate into other event-driven platforms and support more open protocols."
LDC acquired a minority stake in the software reseller as previous backer BGF exited the business.
"We are experiencing growing demand for our services from a large, expanding customer base, many of whom have been with us for over 20 years. With the support of BGF over the last three years, we have been able to significantly grow our existing activities and acquire complementary businesses that are now core to the Solid Solutions family."
The pre-seed round was led by Techstart Ventures and will support team expansion and product integrations.
"Most companies are sitting on a growing pile of crucial customer feedback, but they lack the tools to actually make sense of it. We love that Prodsight unlocks this trapped value for customers by extracting actionable insights from customer feedback channels, allowing users to make the product changes that will matter the most."
The funding round was led by Maven Capital Partners and will support the expansion of the company digital workplace platform.
"Oak is an amazing product with tremendous potential. It enables organisations to engage their employees including deskless workers and provides a range of internal communications tools that integrate seamlessly with office applications. We are thankful for the great funding partners we have in Maven, NorthStar Ventures and Finance Durham and look forward to working with them as Oak scales"