Weightless tech firm plans heavy investment after £2.5m funding deal
A TECHNOLOGY company with a major base in Solihull is set for expansion after a new £2.5m funding deal.
London-based PMGC Technology Group specialises in creating ‘Weightless’ businesses by helping firms embrace current and emerging technologies.
PMGC, whose only other English office is in Hampton-in-Arden, was founded in April 2012 through the acquisition of two UK mobile communications businesses. It has since undertaken four further acquisitions and this rapid growth has allowed the business to continue to grow its customer base and add key capabilities.
PMGC aims to help customers change the way they work and transform their business performance by adopting and deploying new technologies. Its solutions and services are designed to make customers ‘Weightless’ by leveraging their investment in IT and infrastructure, giving them the freedom, and flexibility to work effectively and efficiently, both in and out of the office.
The company has now attracted support from Santander Corporate & Commercial to enable it to expand its service offering.
The company said it would invest in its people, processes and new solutions, the most notable of which is ‘SmartDesk’. This new solution gives remote and mobile employees the same level of secure functionality and access as they would expect to have in the office.
Shez Cheema, Financial Director, PMGC Technology, said: “We are now able to offer customers a bespoke suite of solutions and services that transform business growth. We have created the Weightless Office – a fully managed cloud-based solution that enables our customers to operate more effectively regardless of location – for the first time, really changing the way they work. No more 9-5, no more office based working, no more ties to a singular location. “
Mike Gahir, Relationship Director, Santander Corporate & Commercial, said: “We have been extremely impressed with Shez and the team’s dedication to enhancing the business and their ambition for growth. The business has gone from strength to strength in the past two years and we are confident the funding we have provided will support its continued success.”
