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."
NorthEdge has backed the cyber security distributor using its SME Fund to accelerate international expansion.
"Cyber security has quickly become one of the largest high-growth markets with revenues in the sector nearly doubling between 2017 and 2020. The impact of COVID-19 has led to widespread remote working and the increasing threat of more sophisticated cyber-attacks are likely to drive long term demand in the sector."
BGF has backed Lancashire logistics technology company fulfilmentcrowd with a £7.5m growth equity investment.
"We’ve extended our footprint considerably over the last 12 months and we’re well positioned to respond to the extraordinary levels of demand because our proprietary technology platform is able to scale and satisfy changing market dynamics."
TELUS Ventures has backed the Guildford connectivity specialist with a £15m growth private equity investment.
"This strategic partnership and investment in Eseye marks an inflection point for the company. Our many years at the leading edge of cellular IoT connectivity have seen us deliver value to more than 2,000 customers across the globe. Today, this partnership validates our technology platform and goal to provide ubiquitous, cellular connectivity to devices anywhere in the world. We’re excited to be working with TELUS to deliver this new global IoT capability to its customers."
