Push-to-talk software specialist Mobile Tornado has secured a £1.5m investment from InTechnology to further develop its portfolio.
A company statement revealed that InTechnology had purchased 18.7 million more shares this month, further cementing its position as a principal shareholder in the firm. InTechnology bought a further 18.7 million Mobile Tornado shares in September 2007.
Speaking to CRN, Jeremy Fenn, chief executive of Mobile Tornado, said: “This investment by InTechnology will allow us to continue developing our technology and release it out to even more customers. We already work closely with InTechnology developing a managed services platform, but we are also now able to go directly to businesses that are starting to incorporate our services into their workforce management.”
Fenn added the firm’s offerings appeal to a number of different verticals, all falling under the ‘blue collar banner’ such as security firms, logistics, field force management and blue light services such as police, fire and ambulance.
“All these organisations are using our push-to-talk technology and that is bringing huge efficiencies, by effectively turning their mobile phones into walkie-talkies at the press of a button,” he said.
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