Berkshire-Based Redwood Technologies Group Gets £25m

Redwood Technologies Group has received a £25m funding boost from Scottish Equity Partners (SEP) in exchange for a minority stake in the business.

Redwood, a provider of communications technology and cloud contact centre solutions, was founded in Berkshire in 1993 by siblings Sean and Martin Taylor.

This marks the first time Redwood has raised externally and the money will be used to expand across Asia Pacific. The firm is set to open a regional office in Tokyo in Q1.

To read more, click here.