SFC Capital has provided pre-seed backing to help GitLive launch the full commercial version of its developer collaboration platform.
"Discussing code is hard, especially when having to copy and paste snippets into Slack or Microsoft Teams. Turning the IDE into a collaborative workspace by making work-in-progress code available for discussion and collaboration, GitLive is all about encouraging teamwork and increasing developer productivity."
The investment from BGF will support the digital agency's plans for strategic acquisitions and organic growth.
"We are extremely excited to be partnering with BGF through this investment. The Kagool team has a huge amount of energy for the next phase of growth, having excelled in recent years in our mission to be one of the best Sitecore agencies in the UK. BGF’s track record working with other technology entrepreneurs makes them the perfect match for the next phase of our journey."
The investment, advised by Izy Capital, will support the ServiceNow partner in scaling toward its long-term revenue targets.
"We are beyond grateful to Lloyds Bank and the Izy Capital team for their help in achieving this massive opportunity. I look forward to working with my co-founder Arron and our growing team toward our vision of building Wales’ first global technology consultancy with £1bn in annual revenue. This injection of capital will help us accelerate even faster into the next level, as well as being a huge vote of confidence in our vision to continue supporting the local economy with hundreds of jobs in the near future."
The Wiltshire technology firm has raised debt finance from FW Capital to support its relocation and recruitment plans.
"Ours is a very niche and specialised area within the Business Service Management market place. We have spent the past several years researching and developing our technology to provide an online platform that simplifies and automates IT processes, improves decision-making, and orchestrates workflow across cloud, virtual, distributed, and mainframe resources."