London VC LDC backs surveillance specialist WCCTV with £30M minority stake

Rochdale, Greater Manchester-based WCCTV is a leading Equipment-as-s-Service provider of redeployable wireless surveillance products. The company has three offices across the UK, with locations in Edinburgh and Luton alongside its Rochdale headquarters, with a fourth base in Texas, United States.

Now, WCCTV announced that it secured fresh funding of £30M in an investment round led by LDC. With this funding round, LDC will own a minority stake in the UK-based company. As a result of the partnership, LCD will accelerate WCCTV’s ambitious plans to expand into the domestic and international markets and support the launch of new products and services.

The round was led by LDC’s Head of the North West, Dale Alderson, alongside Investment Director Richard Ibbett and Grant Goodwin. Notably, Dale and Richard will also join the board as Non-Executive Directors as part of the deal.

The investment in WCCTV, follows the recent investments of LDC in digital learning provider Omniplex and the Cheshire-headquartered manufacturer of accessories for light commercial vehicles, Rhino Products.

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