Three BGF-backed businesses have featured in this year’s Sunday Times Tech Track 100, a recognition and celebration of the UK’s fasted growing private tech companies. BGF is proud to sponsor the initiative for the third year.
UKCloud, formerly known as Skyscape Cloud Services, which provides cloud infrastructure services to the UK public sector, takes the top spot this year, after being named as one of Tech Track’s ‘Ones To Watch’ in 2015’s rankings.
Since BGF’s initial investment of £4m two years ago, UKCloud has experienced rapid growth, increasing revenues from £3.7m in 2014 to £32m in 2016. Read UKCloud’s CEO Simon Handsford and founder and Chairman Jeff Thomas on how they’ve built the business in our Two’s Company series.
Also featuring in this year’s Tech Track rankings are BGF-backed Bullitt, a designer and manufacturer of branded electronics (43), and M Squared Lasers (95), which builds lasers and phototonic optical instruments.
BGF Ventures’ partner Simon Calver, former CEO of Lovefilm and Tech Track ‘alumnus’, shares his thoughts on the significant impact that a Tech Track placing can have on a growing tech business here.
BGF is proud to be sponsoring Tech Track 100 for the third year running. Huge congratulations to all of the companies that featured in this year’s list; what a great achievement!