Following its successful Series A funding in June 2014, Big Data Partnership has concluded a Series B financing round as it looks to further boost growth.
Led by private equity firm Beringea, which has previously invested £1.25m in the company, the financing round aims to expand Big Data Partnership’s core capabilities in sales and marketing, engineering and data science, in order for the company to meet increasing demand from new enterprise clients.
With the benefit of the additional investment round, the company will move to larger premises in the heart of London’s Tech City to accommodate its expanding workforce.
Mike Merritt-Holmes, CEO, Big Data Partnership, said: “With proven knowledge and experience aligned to delivering genuine business value, we have become a trusted partner in driving high-impact results in big data for our clients.
“In the rapidly changing market, we believe in collaboration with the leading technology providers and continuously developing skills internally and with the client to maximise the value of big data.
“This further financing round gives us additional resources to expand quickly and strategically and deliver on our goal of being the best and most trusted big data service provider.”
Big Data Partnership provides vendor-agnostic big data consulting, training and support for diverse industries including banking and insurance, telecoms, utilities, web, gaming and media.