Cloop Ltd Secures £117k for Software Licensing Operations

A funding round of an estimated £117k has been secured by Cloop Ltd, a London-based firm that specialises in licensing the rights to reproduce, distribute, and use computer software. This investment places the company at an estimated post-money valuation of £1.3m.

The business operates in the other software publishing sector, providing ready-made applications designed for business use and operating systems. It does not develop computer games. Incorporation occurred in June.

The share allotment associated with this raise took place in June (with formal documentation filed in July).

Charles Joseph Barlow and Michael Louis Hurley were both appointed as directors in June. Barlow, who holds CA(SA) and BCom(Hons) qualifications, is possibly linked to Investec Bank plc according to unverified AI matches. Hurley is possibly a partner at 3MEA LLP according to LinkedIn profiles.