London -- Interregnum Plc, a U.K.-based technology merchant bank
listed on London's Alternative Investment Market, announced that its
portfolio company Red-M Group has secured £4.6 million in venture-
capital financing. Pi Capital -- an independent, U.K.-based
private-
equity firm investing in local unquoted businesses -- led the round, with
Octopus Asset Management, Apax and Interregnum also
participating.
Red-M was formed in April by the merger of Cellular Design Services
(CDS), a wireless consulting services provider, and Red-M
Communications, a vendor of wireless security probes and monitoring
software.
http://www.interregnum.com/News.htm
