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i Jufian Dennard, investment manager of the yFM
-West
I Group, which manages the South Ventures
I Fund, said: "This investment is an outstanding
I opportunity to back the development of a dynamic
entrepreneurial team and their aheady award-win-
ning products."
The funds will be used to drive the .development
and enrichment of its business productivity mes-
saging products'.
British market research group Garher has estim-
ated the world-wide text messaging traffic will reach
2.3 trillion messages a year by 2010, representing
roia-l revenues of as much as $22.Sbillion.
lIr Ward is the secondformer senior Vodafone
::arager to join Dynmark's board in the last six
:rnrls. He said: "I was so convinced the business
by
F,Dtenda]that I wanted to be involved in their
firrure." r WHERETo, slR? Darren
Bames,
right,
with'client' Hawes theToyota;#il*_
Bev in
_ Supported !y Fartnerships with Vodafone UK,
Sage,Microsoft and a soon-to-be-named street
Theluxury to gogree
high
rendo4 Dynmark providesa comprehensive
bulk SMS text messaging
solutions for organisations acrbssthe world.
raneeof
and.mobile data busi-ness
Founder and chief executive, Oscar Jenkins. said:
"Businessuse of SMS messagingis set to escalate
way
THE newest luxury hirebusiness anived
car has
Si'on!,all recognition. This new funding from South
'fr-esrYentures and support - not
in Cheltenham witha roarbutrather ffi BY,gvHares
from our shareholders an
r"rXllelp confirm Dynmark as the industry paceset- eco-ftiendly pun l
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