The investment from BGF backs the digital consultancy's acquisition of Netsells and international expansion plans.
"The acquisition of Netsells is a major milestone for us as a company. The combination of two firms with established and renowned capabilities will enhance our offering and growth prospects massively by bringing together some of the best talent in the industry and facilitating our continued expansion into new international markets."
The growth round was led by Delta-v Capital with backing from Wavecrest Growth Partners, Beringea, and Hermes GPE.
"In speaking with EDITED’s customers, we heard again and again that they couldn’t imagine doing their jobs without EDITED. That type of advocacy is a clear indication of a company that has found a product-market fit. We are excited to partner with Doug and the leadership team as they capitalise on their market leadership position by further investing in growth,"
BGF led a £5.3m minority investment in technology group KCA Holdings to fund platform development and team expansion.
"I had known of BGF for some time as they are very successful and active in fast-paced technology sectors. When they approached us I was pleased that the BGF team took the time to really get to know our management team and our business; they understand how we have successfully grown organically and can see how we can further accelerate customer efficiencies and benefits with additional investment."
The investment from BGF will support the expansion of Recite Me and its assistive technology.
"We pioneered the assistive technology sector when we launched over a decade ago and have successfully grown the business to be a market leader, but our mission doesn’t stop here as we aim to help millions of people access online content around the world. To galvanise our growth, we were looking for investment partners who shared our values and ambitions and brought their experience of scaling businesses to the next level. BGF was the obvious choice, and we look forward to working with them to invest further in our technology, team and infrastructure so our tech can benefit even more people across the world."
LDC has backed the talent analytics platform to accelerate international growth while delivering an exit for Mercia.
"We are really proud of our growth in the last few years, and I’d like to thank Keith Jones, our seed investor, and Mercia not only for funding our early years but also for appointing my most crucial mentor as Chair, Rod Hyde, who helped our brilliant team establish Horsefly as a leading talent analytics platform."