Tracsis, a spin-out of Leeds University focused on train monitoring software which aims to prevent delays and derailments, has secured a £2.2m ($3.62m) from an unnamed existing client.

The company’s technology, which computerises staff and rolling stock schedules, is currently used by a number of UK transport operators, including Virgin Trains, First Group, Go-Ahead, Serco, Arriva, Scot Rail, and National Express. Network Rail, the organisation which maintains the UK’s rail infrastructure, is also a major client for the Leeds-based firm.

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