Pi Datametrics & Intelligent Positioning to receive £2.5m in new funding from Mercia Technologies
Mercia Technologies PLC (“Mercia”), a Midlands-based investment group which funds and commercialises technology businesses across the UK, is to invest up to £2.5m into ‘emerging star’ Intelligent Positioning and its SAAS product, Pi Datametrics.
IP received initial investment from Mercia Fund Management (MFM) in 2015 and this 2nd stage sum was awarded by Mercia Technologies, one of the leading investment businesses in UK tech.
IP has been recognised as a developer of “Innovative real-time search intelligence and Search Engine Optimisation analytics solutions for businesses.”. With a client list including AXA Investment Management, Invesco, L’Oréal, River Island, Waterstones, M&S, Clarks and many more, IP is a proven success.
Pi Datametrics Content Performance Platform
Pi Datametrics, IP’s content performance software, aids corporations and agencies with marketing optimisation and business intelligence; focussing on global search engines such as Google and YouTube. Their real USP is in their abundant supply of data and provisions for deep-dive analysis, which other platforms simply don’t provide.
Since MFM’s initial investment, IP has secured a number of blue-chip clients and Pi continues to democratise the search and data market with pioneering research and greater in-depth analysis.
Dr Mark Payton, CEO of Mercia Technologies:
“We are delighted to invest in Intelligent Positioning, a perfect example of an ‘emerging star’ from the MFM portfolio, having made significant progress since initial, early stage investment.”
“With… SEO monitoring looking set to become amongst the most disruptive markets of 2016, we look forward to seeing what the next year holds”
Daniel Titterton, Co-Founder and CEO of Intelligent Positioning:
“We are very excited to be building a close relationship with the Mercia Technologies team. Their guidance and support continues to galvanise our business with new levels of confidence and discipline.
“The opportunity that we see in our sector is vast and the value of Pi Datametrics delivers to our customers has proven to be exceptional. We are, as a team, delighted.”