The follow-on investment was led by BGF to fund international expansion and job creation.
"Since our inception, there’s been a pressing need for digital skills to become foundational to every organisation, regardless of sector or size. Now, as Covid-19 persists, we believe even more deeply that every business is now a digital business — with software and data at its core, powered by talent at the heart. I’m excited for AND Digital’s next chapter, powered by BGF; now, we can make essential investments that will fuel our growth further, enabling countless more companies to scale and grow in bold new ways."
Bridges Fund Management backs Matrix Telematics to support safer and more efficient driving.
"We’re delighted to partner with Bridges. We were looking for an investor who not only shared our vision and ambition for the company’s growth, but also really understood our mission to improve driver safety and reduce accidents on our roads. Their experience of scaling companies like ours – plus their impact expertise in powering better outcomes – will be highly beneficial as we enter the next phase of our growth."
The funding round was led by Toscafund Asset Management with support from Deepbridge Capital, and will fund international expansion and product development.
"As market practitioners we have always been acutely aware of market developments and working with market participants to shape our product development and innovation. As such it was important, we found a partner who shared our vision within financial services. We believe that Toscafund’s global expertise and impressive market connectivity will be of tremendous benefit to VoxSmart in our next stage of growth."
BGF has led a £10.5m growth equity investment into cybersecurity provider e2e-assure.
"We were looking for an investment partner to help us scale and ran an exhaustive selection process to find the right partner to achieve an outcome that fitted with e2e-assure’s culture and customers. BGF was the right choice at the right time for our business. Their expertise in the field of technology and their connections to international markets such as Australia will be key to unlocking growth. We look forward to working with the team to help shape our go to market strategy and bring e2e-assure’s unique offering to more customers than ever before."
