Manchester tech firm Shopblocks has announced it has moved into new offices in Stockport and secured additional investment of £250,000.
The growth ecommerce platform, which produces bespoke ecommerce websites at scale, has signed a six-year lease for 6,500 sq ft space on the first floor at No 1 St Peter’s Square.
The company also secured an additional £250,000 investment from venture capital business DSW Ventures this week, and strengthened the board with a new appointment.
Former Proactis Managing Director, Craig Slater, will join the company as a non-executive director.
The funding is in addition to the company securing a £1m equity investment in October last year, which was led by Greater Manchester Combined Authority (GMCA) and a group of private investors.
Kevin Jones, co-founder and CEO of Shopblocks, said: “The combination of the office move and the new investment mean we’re perfectly positioned for another year of growth.
“No 1 St Peter’s Square is perfect and takes us to the next level as we look to expand into the US and Australia.”
Investor Tim Raffle, formerly CEO of private equity house ECI, added: “Shopblocks is unique in offering an out of-the-box solution to a vast global audience. We have huge belief in Kevin and the team at Shopblocks.”
