The Newcastle business, which also has a London office, will use the funding to boost its sales and business development resources, with up to 11 new jobs expected to be created over the next two years.
Commenting on the deal, Senior Partner and the “go-to” corporate law counsel to many tech founders and investors, Jabad Jaigirdar said, “We are very proud to continue to act for Xinfluence, which has proved extremely successful. We are certain the business will go from strength to strength as it expands following the latest round of investment.
Deals of this nature fall squarely within our sweet-spot, advising fast-growing companies in the tech, media and entertainment space, and further demonstrate our capacity as a firm to handle dynamic, fast-paced transactions.”