Cash helps RES expand

Vendor looks to increase European presence following cash injection

User workspace management software vendor RES Software will use a £7.5m private equity cash injection to grow its European footprint.

RES currently works with distributors Computerlinks and AppSpeed in the UK, where it plans to double its headcount over the next year.

Hans Middelburg, chief executive of RES Software, said: “We have a presence in the Nordics, Germany, Belgium, France, Netherlands and the UK. We chose external funding to help increase channel, sales, direct touch and marketing staff in these areas.”

RES recorded $24m (£15m) in revenues for 2008.