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Business ISP Vaioni UK Secures GBP500k of Investment

Tuesday, October 1st, 2013 (1:33 am) - Score 566

Manchester-based communications provider Vaioni has become the first to benefit from the Greater Manchester Loan Fund, which has put a significant investment of £500,000 into the ISP to help fuel its future growth.

The details are a little thin but it looks like most of the investment will be used for general growth and to double the firm’s workforce.

Sachin Vaish, Managing Director of Vaioni, said: “I am very proud that we have managed to secure this funding. Vaioni is a small, but extraordinary business. Having worked tirelessly over the years, sacrificing greatly to ensure Vaioni and its employees continue to be successful, we have created an exceptional business. Clearly our advisors and more importantly our funders, Maven, see something special in Vaioni, our capability today and more importantly our potential for the future.”

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By Mark Jackson
Mark is a professional technology writer, IT consultant and computer engineer from Dorset (England), he also founded ISPreview in 1999 and enjoys analysing the latest telecoms and broadband developments. Find me on Twitter, , Facebook and Linkedin.
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