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Founder & CEO

Wazoku a UK crowdsourcing company and leading provider of collaborative innovation software, has received new venture debt finance from Barclays of £680,000. A total of £2.3m has been provided, with equity financing from existing investors, Cambridge Angels and Fig, to support Wazoku’s growth strategy moving forward.

This investment brings the total raised by Wazoku since it was founded to £3.6million. The company has household brand customers including Aviva, Waitrose, John Lewis Partnership, Virgin Trains East Coast and Avis Budget Group.

“We are an early adopter of this new offering from Barclays and delighted to have secured their support,” commented Simon Hill, founder and CEO at Wazoku. “We are in the process of expansion, with new additions to our management team, and new expertise in our data science team, and the investment will allow us to deliver sophisticated analytics...

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