HSBC led the £5m investment which included existing shareholders, such as Finance Wales, which invested £1m. Finance Wales has supported Vizolution in previous bids to raise investment funds.
The funds will be used to expand Vizolution into North American, APAC (Asia-Pacific) and EMEA (Europe, Middle East, Africa) markets, as well as increased product development.
Chief executive of Vizolution Bill Safran said: “We regard the investment by one of our major customers, HSBC, as a very strong vote of confidence in the solutions that we are providing to the market.
“We have set ourselves significant growth targets both internationally and in the UK and this investment from HSBC will help us achieve those targets.”
He added: “We are also very pleased to have the continued strong support of Finance Wales who have helped fund our success to date.”
Ore Adeyemi, investment director at HSBC, said the company was excited to work with Vizolution in the future.
