Member Article

Wilmslow’s Cirrus secures £600k funding from The North West Fund for Digital & Creative

Leadership development company Cirrus has secured a £600k venture capital investment from The North West Fund for Digital & Creative.

Wilmslow-based Cirrus, which delivers leadership, talent and engagement programmes for international clients, will invest the funding in expanding its new digital delivery platform.

Cirrus was founded in 2010 by Simon Hayward, and through a combination of organic growth, international expansion and acquisitions, Cirrus has grown profitably to annual revenues of £5 million.

The investment is being used to build a stronger digital team at the Wilmslow head office, to accelerate the creation of Cirrus development programmes.

Cirrus ranks many global and UK blue-chip companies in its client base, including Marks & Spencer, Tate & Lyle, Three, EE, and RBS, and delivers its services primarily across Europe and the Asia-Pacific region from offices in Wilmslow, London and Melbourne, Australia.

CEO Simon Hayward, said: “Digital engagement is part of the strategic vision of Cirrus and our clients.

“This investment is helping to accelerate the growth of our digital platform, and AXM and The North West Fund for Digital & Creative have been supportive and enthusiastic partners.

“Cirrus can now develop deeper digital expertise and integrate it with our capability in the areas of leadership, talent and engagement to create more effective blended solutions for clients.”

Investment director at AXM Venture Capital, which manages The North West Fund for Digital & Creative, David Smith, said: “We have great confidence in the success of this investment, combining an unusually experienced and successful leadership team, a large global market opportunity, and the scalability that will come from delivering services through the new Cirrus digital platform.”

This was posted in Bdaily's Members' News section by Sophia Taha .