Cyan Holdings - Proposed Fundraising
CYAN
Mon, 08 Jun 2015, 12:45 BST
CyanConnode Holdings plc is listed on the AIM market in London and is based in Cambridge UK. The company has three wholly owned subsidiaries, CyanConnode Ltd (a company registered in England and Wales), CyanConnode Private Limited (a company registered in India), and Connode Holding AB (a company registered in Sweden). In addition, Connode Holding AB has one wholly owned subsidiary, Connode AB (a company registered in Sweden), which also has a wholly owned subsidiary, Connode India Private Limited (a company registered in India). The companies provide wireless communication technology for smart metering, lighting and the Internet of Things.
Industry: Telecommunications
Contact:
http://www.cyanconnode.com/
Cyan Holdings announces that it has raised, subject to certain conditions, a total of approximately £4.1 million before expenses to fund staffing costs for the delivery of customer projects won in India, development and delivery of managed service solutions, business development, customer deployments and further product development work.
