Innovation & Job News

Beringea locks down funding, hires in Farmington Hills

Thursday, September 17, 2009

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Investment, Oakland County, Venture Capital

Farmington

Beringea isn't just growing here in Metro Detroit, but around the world as it brings more capital under management.

The Farmington Hills-based firm also has offices in London, Los Angeles, and China. The venture capital firm recently locked down $20 million pounds in government funding from the United Kingdom, along with another $10 million pounds from private investors.

"We can invest in more companies," says Andrea Wilmes, director of marketing and communications for Beringea. "It affirms our strength in the digital sector."

Beringea employs 30 people. Its Farmington Hills office has eight staffers and a few summer interns. The company brought on three new hires within the last two years.

Source: Andrea Wilmes, director of marketing and communications for Beringea
Writer: Jon Zemke