Bath based Mirifice Secures Funding For Digital TV Solution

Bath-based Mirifice has secured £250,000 of funding from the YFM Group managed South West Ventures Fund.

Established in 2004 to bring innovative solutions to the broadcast industry, Mirifice was founded in the University of Bath’s Innovation Centre. The company now has a turnover in excess of £1m and has become a leading developer and provider of monitoring solutions within the Digital TV broadcast sector.

The investment will be used to support the marketing and rollout of MirimonTM, a unique monitoring solution for Digital TV networks, to major cable, satellite and IPTV broadcasters. Mirifice’s current customer base includes leading Digital TV broadcasters and Set Top Box manufacturers such as Virgin Media, Sky, Pace, Amino, Thomson, OpenTV and Scientific Atlanta.

Mirifice’s patented technology monitors the quality of the service delivered to the subscriber in the live network. If the quality falls outside an acceptable envelope the broadcaster is notified with supporting diagnostic information. MirimonTM can even identify problems before the subscriber is even aware of them.

For further information about South West Ventures Fund visit www.southwestventuresfund.co.uk