PRIVATE INVESTOR NETWORK CASE STUDIES
TransVisual Media Ltd (www.transvisualmedia.com)
Business Case
Transvisual had developed software and hardware products for the remote control of security/monitoring systems. The products enabled any digital, still or full-motion camera (or other Internet Protocol enabled security/surveillance/access control device) to be connected across any mobile, wireless or fixed communications network. One benefit of TVM's technology is that CCTV camera's can be programmed to record digitally only when an event occurs, thus saving considerable man-hours watching playbacks. TVM had targeted UK police forces and received initial orders from Thames Valley and West Midlands Police. The potential market was large and growing. The management team was strong and included two experienced non-executive directors.Investment Case
TVM had won a £140k Government Smart Award Grant, but needed to demonstrate that they had £310k of external funds before the end of May 2005. TVM had secured in principle backing of £250k from the East Midlands Regional Venture Capital Fund ('EMRVCF').VIP Investment
Through it's association with the EMRVCF, VIP was offered the opportunity of investing part of the finance needed to meet TVM's requirement for £310k of external funds. VIP circulated an 'Investment Summary' to its investor base and two investors quickly agreed to provide the necessary funding. VIP managed the investment process through to a successful completion within the required timescale.Cyclops UK Ltd (www.cyclops-uk.com)
Business Case
Cyclops had acquired a GPS based speed camera product and database from Trafficmaster plc in 2004 with assistance from the East Midlands Regional Venture Capital Fund ('EMRVCF') and various private investors. The Cyclops product was being sold as a safety camera location device rather than a speed camera detection device. It did not operate by way of radar, but was based on GPS technology with the backing of a proprietary camera location database. The product was being sold via OEM distributors rather than via high street retailers. There was potential for integrating the company's technology with other GPS devices, such as route finders.
Investment Case
Cyclops needed an additional £500k of working capital to increase its sales effort to motor distributors and to integrate its products with other GPS devices. Other existing investors had indicated a willingness to invest a further £450k.VIP Investment
Through it's association with the EMRVCF, VIP was offered the opportunity of investing part of the funding needed to enable Cyclops to meet it's target funding of £500k. One of VIP's investors agreed to invest as part of a syndicate of private investors. VIP managed the investment process through to a successful completion within the required timescale, alongside the EMRVCF and other investors.For further information please contact Mike Piper on: M :: 07767 208110 T :: 0116 2703040 F :: 0116 2701660 e :: mike@ventureip.co.uk