Mirifice has secured £250,000 from YFM Group managed South West Ventures Fund (SWVF).

Mirifice has developed MirimonTM, a monitoring system designed to give digital TV networks an unprecedented view of the customer experience that they deliver, enabling them to monitor and improve their end-to-end services.

The investment will be used to support the marketing and rollout of the product to major cable, satellite and IPTV broadcasters across Europe and into the US.

SWVF, which is managed by YFM Group, was supported with its investment by a due diligence review provided by Burton Sweet Corporate Finance.

Its team was led by director and head of due diligence Tracey Williams, who said the firm reported within seven days of instruction. “Mirifice has a strong business plan, credible team and a proven track record.”

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