Elitemarket.com – the London grounded company that has established a global lead in the development of cybersurfed and tablet grounded virtual surroundings is to be vended. The company was formed in December 2008 by two technology entrepreneurs, Andrew McErlain and Deepinder Shani, and having takenElitemarket.com to a full working evidence of conception, they’ve decided to seek a commercial mate with global reach to take the company forward.
Andrew McErlain reflected “ we have had enormous interest in what we’ve achieved on theelitemarket.com point; fast cybersurfed grounded access to virtual surroundings and stores of a veritably high graphical quality. We believe we’re the first point on the worldwide web to deliver similar quality at a speed which surprises nearly everyone who goes to the point for the first time. Our inventors have now replicated that quality and speed within apps for both Android and iPad tablets. ”
Andrew and Deepinder had originally considered an independent route forward for the company but they decided that raising external capital for an innovative web company in the UK would take too long and distract attention down from the main ideal of taking the elitemarket conception global with real scale and energy.
Andrew further reflected “ It remains a sad fact that raising capital for truly innovative and dynamic companies in the UK is grueling . The harsh reality is that the request for threat capital in the UK is veritably small with the vast maturity of investors taking a threat- antipathetic station particularly in the current climate. Whilst the Government addresses of small and innovative companies leading this country out of recession, they can only do that if they’ve access to the capital they need to take world beating ideas to the global request. The reason that the global leaders on the web have surfaced from the US is no accident – they understand the conception of true threat capital and have the confidence to invest at an early stage. Until the UK Government addresses this insufficiency as compared to the US request, we won’t perform to anywhere near our true eventuality. ”
So it seems that another truly innovative conception, that began within the UK, will be exploited and taken forward away.
Andrew said “ this is a veritably dynamic request where you need to exploit a lead with scale and speed. We must take up the tremendous interest in what we’ve created now. We’re formerly engaged in detailed conversations with implicit mates and we will hope to make a farther advertisement veritably soon. ”