blur Group is a technology company reinventing how businesses do commerce at blurgroup.com. Its Global Services Exchange delivers services differently: a new way to buy, manage and pay for core services. Over 35,000 business users in 141 countries have adopted this s-commerce platform and changed the way they work.
blur sets up R&D base in Exeter
ur Group (LON:BLUR), the crowdsourcing specialist, has unveiled plans to set up a new research and development centre in Exeter.
It says the south-west, with four of the country's top 20 universities, has a track record for innovation and entrepreneurship.
It points the region’s out start-ups have attracted around US$550mln in investment and returned more than US$800mln to investors, adding that the area “shares many characteristics with the original Silicon Valley”.
blur chief executive Philip Letts, one of the few UK businessmen to have been the boss of a major Silicon Valley tech company, said: "The south-west combines innovation and technology excellence, a great mix of universities with both academic and venture focus, and an established reputation in attracting hi-tech firms while providing great incubation and support for earlier stage business.
“It's a combination that has worked well for the US and has the potential to do the same in the UK."
blur is at the cutting edge of e-commerce with its global, cloud-based platform that allows businesses to buy, sell, manage and pay for creative and professional services.
It is also proving one of the most successful tech floats of recent times, with the share price up more than 130% in the year to date.