Funding for Malvern technology business secures development to 'master the middle market' of smart in-home entertainment devices.
HD Connectivity Ltd, an award-winning smart home electronics company trading as HDANYWHERE in Malvern is challenging the US market with its universal control platform, uControl™, which provides a more affordable smart home offering compared to the main players in the market thanks to funding raised by Central Business Finance based in Birmingham.
Central Business Finance, an experienced and professional commercial finance company, supported the ambitious Malvern-based technology business by providing a funding package to facilitate the development and support the launch of the widely anticipated device.
Innovators in multiroom TV and audio, long-distance signal extension, and HDMI-based products, HD Connectivity hold multiple patents, sell worldwide and manufacture thousands of units per year to export to 28 countries located across five continents. The latest HDANYWHERE ‘MHUB’ systems offer unified control of media, music and mood (TV, audio, lighting & shading, and more) into a centralised entertainment system, which neatens technology within living spaces and allows a range of interfaces like apps, keypads, voice assistants and universal remotes to be used to control everything.
Chris Pinder, Co-Founder of HD Connectivity brand said, "We have worked with Central Finance for almost ten years to enable us to continually innovate the AV market and thanks to Steve and the team at Central Finance we've been able to push the boundaries further with the development of uControl™, which we hope will bring the concept of integrated smart homes from the luxury to the midmarket."
"This is not just great news for in-home technology, but also for our team based in Malvern, which continues to operate and fly the flag for Britain"
Steve Harris, Director at Central Business Finance adds; "Working with Chris and the team again at HDANYWHERE to provide funding to continue their development in the home entertainment technology space has been a real pleasure."
"Supporting businesses to invest and grow their services through funding is always rewarding, and it's a proud legacy we have here at Central Business Finance."
"Arranging finance for HDANYWHERE to further develop their technology and in the future increase their turnover is exactly the outcome we like to see here at Central Finance."
Central Business Finance has worked with thousands of businesses in the last five years and has raised in excess of £200 million in grants and funding packages, creating new jobs and further investment in research and development, new technology, machinery, infrastructure, training and additional services.