The funding will be used by the managed communications provider to acquire a second Yorkshire base.
The Technology Company aims to help businesses and organisations to communicate more effectively with their customers and teams using any device, anywhere, at any time.
Its service — which is known as unified communications — allows for voice, video, chat and screensharing through a single portal.
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“At ThinCats, our aim is to encourage and facilitate the sustainable growth plans of SMEs across the UK,” said Ben Kimball, director of regional business development at ThinCats (pictured above).
“The Technology Group stood out to us as an example of what businesses should be doing, and their clear growth strategy meant that we could easily facilitate a flexible deal.”
David Marsden, co-founder and acquisitions director at The Technology Group, added: “Our ambitious, yet highly achievable four-year growth strategy — one acquisition per year — will see us treble our turnover.
“This funding from ThinCats is a crucial step to achieving our goals.”