4040 Media builds software to help marketers produce explainer videos via its Wyzowl and publi.sh products. The company is based in Southport and counts Seagate, Oracle and Deloitte among its clients. It announced a combined equity and debt funding round totaling £510,000. The raise comprised £310,000 of equity from Redstone Venture Managers and Angel CoFund, with the remainder provided as debt. Management says the funds will be used to bolster the company’s marketing and to develop new products and services as it expands its product offering. CEO and founder Matt Byrom described the round as enabling 4040 Media to solidify its market position and serve existing and new customers further.

Total raised

$249M

Funding rounds

2

Latest round

Equity

Latest activity

Nov 2016