Investors back software start-up firm GeckoLabs

http://www.bbc.co.uk/news/uk-scotland-scotland-business-34222479

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Software start-up GeckoLabs has announced plans to expand in the UK and overseas after securing venture capital backing.

The Edinburgh-based firm develops modern cloud-based software to help educational institutions manage and improve recruitment.

It has received £250,000 through an investment led by venture capital firm AngelLab.

It now plans to broaden its product range and open a new office in London.

The company also hopes to expand into North America and Asia in the near future.

'Embracing technology'

A total of 10 jobs are expected to be created as a result of the investment.

The company currently works with more than 30 UK universities and colleges, including Robert Gordon University, Newcastle University, University of East Anglia, University of East London and University of Southampton.

GeckoLabs said its software helped universities and colleges with recruitment by capturing data and engaging with students in real time.

The firm's founder and chief executive, Matthew Lanham, said: "Universities and colleges are not maximising every interaction with students, and therefore missing out on potential enrolments.

"We've taken time to understand the student recruitment process, and identify where improvements can be made by embracing the latest technology."