Skyscape Cloud Services Announces Institutional Investment From BGF
£4m investment to support on-going growth of rapidly expanding UK SME.
Skyscape Cloud Services Limited has announced that it has secured a £4m minority stake investment from BGF (Business Growth Fund) to accelerate its growth in the UK Public Sector market.
The BGF investment reflects the confidence that this leading financial institution has in the Skyscape business, which is growing at 20% per month with Annualised Monthly Recurring Revenue approaching £10m. Founded in May 2011, and to date supported by private investors, Skyscape is a leading provider of cloud infrastructure services to the UK public sector. BGF is an independent company established to help Britain's high growth businesses.