3 years ago
Distributed Secures £8 Million to Expand On-Demand Software Teams
Distributed, a London, UK-based provider of on-demand software teams, raised £8 million in funding led by Downing Ventures and Guinness Ventures, with participation from Fuel Ventures and Capita
This brings Distributed's total investment to £17 million
The company plans to use the funds to enhance its workforce experience and expand its international reach with its Elastic Team of freelance developers
Distributed provides a platform for clients to work with globally distributed teams, allowing them to build and maintain software to a higher standard
The company maintains a workforce of full-time project managers, technical leads and quality assurance professionals
The fundraise follows a year of rapid growth for Distributed, including a £30 million partnership with BT in February
Clients include Capita, WPP and the Ministry of Justice.
ProblemTechnology
"building and maintaining software to a higher standard"
Solution
"providing a platform for clients to work with fully managed, globally distributed teams"