Gradwell Announces Superfast Expansion With £1 Million New Funding

We are very excited to announce our significant 4×4 expansion plan – four times larger in four years – supported by a £1.15 million investment from regional equity fund Altitude Partners LLP.

The investment from Altitude Partners (www.altitudepartners.co.uk) will enable us to significantly scale our infrastructure and make major investments in our technical support and business development departments to provide a more reliable and future-proof service for you, our customers.

It is really exciting that after more than 12 years of steady growth we are able to cement our position as a leading supplier of VoIP and broadband to small businesses. The company has grown enormously in the last 12 months, expanding staff to 60 and becoming a true 24/7 business.

The way you deal with Gradwell and the services you receive from us will not change, but with Altitude on board we have a firm foundation to leap forward and provide the most useful VoIP platform on the market for our customers.

Simon White of Altitude Partners commented:

“Gradwell is one of the most established and innovative businesses operating its own platform in the VoIP telephony market. The company is expanding at a rapid rate as more businesses discover the benefits of using VoIP for their telephony requirements. As an investor in regionally based growing businesses across the South, this investment fits well with our strategy.

“We are pleased to be backing Gradwell’s dynamic team, who have a comprehensive knowledge of this burgeoning industry and a clear vision for the growth of their business.”

I’m delighted that Altitude Partners has agreed to support this growth with a £1.15 million investment. After a rigorous selection process, we felt that Altitude Partners shared our ambitious vision and would offer the business invaluable advice and support as we continue to expand.

Kind Regards,

Dr Peter Gradwell

2012-03-13T12:03:24+00:00

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One Comment

  1. Wesley Alfonso Kitikonti 13th March 2012 at 12:27 pm - Reply

     Well done Peter lets hope the Pound holds out for you..!!

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