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Hull tech firm secures 10m Silicon valley investment

Hull wi-fi firm Connexin is boosting its headcount and smart city tech offering after securing Ten million in Silicon Valley investment.

The investment, led by Digital Alpha Advisors C which includes strategic partnership with Cisco Systems C will likely be designed to meet the growing demand from local authorities for smart city technologies.

With the latest funds along, the Hull company will scale up its worth to grant Wi-Fi when the public service and also for connected devices like road sensors, energy, and home security systems.

Connexin’s disruptive model leverages wireless technologies to accelerate deployment and facilitate ubiquitous connectivity.

Moreover, Digital Alpha allows the firm to offer cash-strapped local authorities new options for financing technology upgrades that share the and rewards.

“The smart cities race has moved up a gear which investment lifts Connexin into the front while using the field,” said CEO Furqan Alamgir.

“With this backing, we’re able to provide local authorities with smartest ways to fund technology upgrades that share the potential health risks and also benefits between us making sense to taxpayers.”

Part within the investment is going to be useful to deliver a technology campus, which might give a state-of-the-art data centre and Connexin’s new headquarters.

Founded in Hull in 2006, Connexin was recently named one of the many Top players Fastest Growing Technology Companies whilst in the Northern Tech Awards.

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