July 2018

iDefigo Receives GBP1 Million Investment from Chelverton

Europe - United Kingdom

iDefigo received a GBP1 million growth capital investment from Chelverton Asset Management Limited (Chelverton) – a specialist investor in sub-FTSE 100 quoted entities and unquoted SMEs, with Faegre Baker Daniels advising iDefigo.

iDefigo initially developed its Internet of Things (IoT) surveillance platform in New Zealand before relocating to the U.K. in 2013. The company’s offering combines power management, mobile network optimization, and intelligent cloud image capture and processing which it says provides organizations with a viable solution for protecting remote assets.

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