London, 5 April 2019: The Thames Valley Deals 2019 Awards recognises the achievements of the business and finance community in the UK. BGF (Business Growth Fund) was awarded Small Deal of the Yearfor its investment in HeleCloud to further accelerate its growth strategy.
BGF is the UK and Ireland's most active investor in growing businesses, particularly in the IT sector. The company makes long-term investments for a minority, non-controlling stake in the businesses it backs. Last year, BGR invested £2 million in HeleCloud to support the company’s services portfolio expansion, the establishment of its presence into further European territories, and the development of new Cloud capabilities.
Over the past 12 months, the HeleCloud business has gone from strength to strength. The company has helped more than 30 UK companies adopt the Cloud and deliver on business objectives. Customers within the UK include the NEX Group and Zopa. As a result, the company has also experienced another year of quadruple-digit growth, particularly in the UK.
“The investment made by BGF has been instrumental in supporting us to scale up and out, over the last twelve months,” said Dobromir Todorov, CEO of HeleCloud. “Cloud adoption continues to be a priority and challenges for businesses in the UK. This is compounded by the rising security and compliance woes, particularly in regulated sectors, despite public Cloud often being the best approach for these companies. We are proud to be able to offer UK businesses a partner that has the skills and vast experience of building in the Cloud to build the best solution, while helping upskill the workforce.”
The Thames Valley Business Magazine Awards is open to every company in the Thames Valley area and recognises not only profitability, innovation and employment but also the contribution made to the local economic community and the provision of support to culture and charities in the region. The SME of the Year award is open to businesses with an annual turnover between £500,000 and £15 million, which are at least two years old.
HeleCloud™ is an Amazon Web Services (AWS) technology consultancy with offices in Maidenhead, UK, and Sofia, Bulgaria that helps enterprises of all sizes establish Cloud vision, and execute Cloud strategies through their industry leading Cloud Roadmap methodology. HeleCloud™ also provides Cloud managed services to further amplify Cloud benefits and enable enterprises to focus on their core business and customers.
HeleCloud’s team of professionally trained consultants and engineers are well grounded in all aspects of cloud solutions, with specialist expertise in the competencies of Security and Compliance; Big Data, Analytics and IoT; Microsoft Enterprise Applications on AWS and SAP Applications on AWS.
To learn more about how HeleCloud™ is delivering the vision of Cloud, visit http://www.helecloud.com/.