Swindon & Wiltshire Business News

Cloud-based meeting room firm soars past crowdfunding target

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Phil Marshman of Meet On VCMeet On VC, the cloud-based virtual meeting room firm - has soared past its crowdfunding target of £200,000.

The company launched a pitch on Crowdcube to secure £200,000 in return for a 10 percent stake in the business. So far it has £216,000 from 50 investors.

As a result, it has now extended its investment period to secure further funding to develop its software, expand its sales team, and boost its marketing activity.

Founded in 2011 by Simon Hunt and Phil Marshman, Meet On VC uses high-definition video conference technology to facilitate branded virtual meetings over the internet.

The group provides services to a number of blue chip clients including Guinness brewer Diageo, Rolls Royce, Vodafone, BP, Coca Cola and Deloitte.