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DataCentred Ltd Fundraising Jon Moulton, GMIF, Enterprise Ventures

May 2014 £4m

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creation strategy

Project Data

May 2014 £4m

About the client

DataCentred was established in 2012 by Dr. Mike Kelly, a pioneer in the data centre sector. The company provides a continually evolving, world-class, Open Source technology platform and offers specific and unrivalled solutions to meet the colocation, computing, connectivity and cloud requirements of large corporations, broadcasters, academic institutions and public sector bodies.

About the deal

Rickitt Mitchell advised DataCentred Ltd on a fundraising which brought in Jon Moulton, Enterprise Ventures and the Greater Manchester Investment Fund as investor shareholders. The funding enabled DataCentred to complete their first site at MediaCityUK and to continue developing its Open Source cloud computing platform.

"This funding package is hugely significant for the company. It enables us to complete our first site and deliver cloud services for our clients. It also allows choice to clients and operators in rebalancing the UK's internet infrastructure towards the North."

Mike Kelly | Founder and CEO | DataCentred