Cisco plays matchmaker as hosting provider UKCloud gets £25m investment
Firm claims investment will help it boost its multi-cloud capabilities
Hosting provider UKCloud has received a £25m investment from Digital Alpha Advisors, which it claims will help it scale its public sector offering.
The firm said the capital boost will help it strengthen its employee base and continue to invest in its multi-cloud infrastructure.
UKCloud CEO Simon Hansford said: "The investment from Digital Alpha demonstrates their confidence in our differentiated business model and gives us tremendous potential to scale, accelerate our growth in the UK public sector saving taxpayer money and driving better insights for decades to come.
"Importantly our alignment with Cisco is a force multiplier, enabling our product development and helping us further differentiate from our competitors enabling us to accelerate our investment in sales, marketing, customer experience and new markets."
UKCloud said that cash injection will also see it strengthen a multi-cloud relationship with Cisco that was announced last year.
It added that Cisco now has a "new route to market" as a result of the partnership.
Digital Alpha is described as having a "strategic collaboration agreement" with Cisco.
Cisco's UK chief executive Scot Gardner said: "We believe that in collaborating with UKCloud to deliver leading cloud technology solutions, we have the ability to help enable real transformation of essential government services.
"With unique requirements and extremely diverse operations, digital technology deployed in the sector has to meet the highest standards of security and reliability. Cisco and UKCloud have developed a strong working relationship with the aim of helping to support the UK's digitisation plans with meaningful business transformation."