London and NewYork - VoxSmart, the global leader in communications surveillance technology for Financial Markets, today announces a strategic funding round of £5.5m ($7.2m) from NatWest.
VoxSmart has a proven track record of developing innovative compliance and surveillance technology for financial markets and this funding will help the company reach new markets and accelerate the innovation of new products. As the first vendor globally to offer a WhatsApp and WeChat compliance solution to financial markets, VoxSmart has an impressive customer portfolio of over 100 blue chip customers from within financial services. The financing from NatWest reinforces the values and commitment by NatWest’s Chief Executive Officer, Alison Rose to support enterprise growth in the UK.
Kit Maclaren, Director of NatWest Growth Capital, said: “As a purpose-led bank we champion the potential of businesses; removing barriers and helping them thrive. Financing UK companies such as VoxSmart, reflects our firm wide dedication to supporting high growth, innovative scale-up businesses and is the key driver behind our new Growth Capital product. We are hugely excited to support the team at VoxSmart.”
The financing from NatWest builds on the strong support VoxSmart continues to receive from Deepbridge Capital, a leading investor in growth-focused technology companies, as well as a large number of high-profile UK Angel Investors.
“No other vendor in this space has the Financial Markets DNA, expertise and pedigree that VoxSmart has. We are building something unique together with our clients and continue to be excited with how our technology is redefining how financial markets see their data. We are delighted to have NatWest support us as we continue to set the global standard for communications surveillance.” added Oliver Blower, Group Chief Executive Officer at VoxSmart.
VoxSmart is a leader in communications surveillance and mobile capture technology for global financial markets participants. VoxSmart’s suite of communications surveillance products allows firms to communicate, trade and work in a compliant manner to effectively mitigate financial risk and achieve competitive advantage in heavily regulated markets. Visit www.voxsmart.com.
As the UK's biggest bank for business with a leading technology proposition, NatWest’s support for Growth Capital borrowers extends beyond a single debt transaction; with a dedicated sector-focused relationship director, access to senior NatWest Group managers and tailored support from product specialists across the Bank, NatWest is focused on the success of their customers for years ahead. Backed by a dedicated fund of £100m, NatWest Growth Capital supports selected high growth venture-capital backed businesses at an earlier stage than traditional bank financing, enabling entrepreneurs to take their business further and faster. Email firstname.lastname@example.org or email@example.com for more information.