Wesley Clover and the Development Bank of Wales led the seed financing to accelerate the development of cloud visualisation and editing features.
"With heightened emphasis on the criticality of excellent technology infrastructure, all businesses should be able to maximise the benefits of Infrastructure as Code to speed up software delivery, reduce costs, and improve product quality. Whether it is because of a skills gap, a lack of knowledge, or aninability to deploy it at scale, Infrastructure as Code needs to be made more accessible to a wider cross-section of the business community. We’re excited to launch our platform into that space."
The cyber security venture has raised £2m from Hoxton Ventures and Speedinvest to support its spin-out and commercial growth.
"Unfortunately, global pandemics don’t slow down the antagonists, the battle of defending against and responding to malicious activity across the digital estate remains constant. To add to the challenge, a new working-from-home-norm has been introduced which increases IT service delivery and business continuity pressures."
The Development Bank of Wales led the investment to help the clothing resale platform expand its team and technology.
"People are starting to be more conscious of the importance of sustainable clothing. We’ve already seen a 50% increase in sales this financial year as consumers seek out more environmentally conscious fashion options."