11:20AM Strata pen computer gets 拢100k funding from Partnership Investment Finance

Specialist in hi-tech surveying equipment Strata Software and Consultancy has received a second round of funding from Partnership Investment Finance totalling the figure to 拢100,000.

PIF鈥檚 fund manager Graham Leake said: 鈥淲e gave Strata an initial 拢15,000 loan in July, and we鈥檝e been so impressed with the way the company works that we鈥檝e made a further loan of 拢85,000 available to expand their operations. We want to see local companies develop, and we鈥檙e happy to support that development on an ongoing basis if they have a strong enough offering.鈥

Pen computers allow QSs to write on screen as if they are holding a normal pen; the screen being a handheld device. It is especially useful for those working on-site and in difficult geographical locations where it would be impractical to carry a conventional laptop computer.

The surveying equipment is already marketed in 15 countries, but PIF's fund will allow the firm to target countries like Russia, Australia, Iran and Ghana.