Cybersecurity firm hailed as one of UK’s most successful start-ups edges closer to unicorn status March 7, 2018 A cybersecurity firm that has been lauded as one of the UK’s most successful start ups is close to achieving “unicorn status” four and half years after its launch. Cambridge-based Darktrace, which was set up by a mix of mathematicians and government intelligence experts, started off at a value of £15 through the investment of [...]
London’s tech scene pulls in record £2.5bn in 2017 venture capital bonanza January 5, 2018 London’s tech venture capital investment reached another all-time high in 2017 as firms raked in four times more cash than Paris, the nearest European rival. Venture capital investment into the UK’s tech sector reached an all-time high of £2.99bn, almost double the total invested in 2016, according to figures compiled by data firm Pitchbook for [...]
London’s tech scene pulls in record £2.5bn in 2017 venture capital bonanza January 5, 2018 London’s tech venture capital investment reached another all-time high in 2017 as firms raked in four times more cash than Paris, the nearest European rival. Venture capital investment into the UK’s tech sector reached an all-time high of £2.99bn, almost double the total invested in 2017, according to figures compiled by data firm Pitchbook for [...]
Women in tech: Private equity giant KKR will help 20k women learn coding with Code First: Girls partnership November 21, 2017 Private equity giant KKR is backing women in tech in a new effort to help thousands of them learn how to code. The firm is backing an ambitious new campaign by Code First: Girls aiming to train 20,000 women by 2020 in an area where they are severely under-represented. The partnership with the UK-based social [...]
London cyber security startup Callsign, used by Lloyds and Deutsche Bank, has raised a huge $35m series A led by Accel and PTB Ventures July 27, 2017 A security startup focused on digital identity which helps keep Lloyds and Deutsche Bank protected has raised a huge round of funding from venture capital investors. London-based Callsign has landed $35m in a series A round of funding led by Spotify backer Accel and PTB Ventures a New York-based early-stage investment firm specialising in digital [...]
Hot UK cyber security startup Darktrace raises $75m series D at $825m valuation July 11, 2017 One of the Uk’s hottest startups has millions of pounds in fresh funding, pushing the firm’s valuation surging past the half a billion dollars mark. Cyber security startup Darktrace has raised $75m (£58m) in a series D round of funding, valuing it at $825m, almost double of what it was when it raised $65m this [...]
London is home to more of the hottest fintech startups than ever before according to the Fintech50 2017 June 7, 2017 London’s status as the world leading centre of fintech has been questioned in the wake of Brexit, but new figures suggest the capital continues to be a global powerhouse for financial technology. The city has produced more of the hottest fintech startups than ever before, with over half of the Fintech50 calling it home. Challenger [...]
Leap 100 companies have shown how much can be achieved in just two years March 14, 2017 We're living in an unprecedented time of change. Technology is accelerating at breakneck pace, changing the way we work, creating new industries and, with them, new opportunities for ambitious British businesses. The UK is becoming an increasingly fertile nesting ground for new technology. According to London & Partners, the UK tech sector drew more investment [...]
Innovation never stops: What’s next for the tech startups in Bird & Bird’s Digital Innovators showcase pushing boundaries? March 14, 2017 When Bird & Bird and City A.M. sought to unearth, and then celebrate, the most innovative digital companies shaking up the worlds of finance, health, education, media and security, we knew the collective 20 companies we found were an outstanding demonstration of the UK’s leadership in cutting edge technology. Now, just four months on, the visionary founders [...]
City Moves for 8 February 2017 – who’s switching jobs? February 8, 2017 Today's City Moves cover banking and online travel. Take a look at these movers and shakers: Aldermore Specialist lender and savings bank Aldermore has appointed two leading industry figures to its business finance team to drive further growth in its asset finance lending operations. Patrick Jelly joins the Bank as commercial director for asset finance. [...]