Assured cloud services company tops index of the UK’s exciting emerging technology companies
London – May 19th – Skyscape Cloud Services Limited, the easy to adopt, easy to use and easy to leave cloud services company, was announced as the winner of the Pathfinder 20 index of the UK’s most exciting emerging technology companies, at an awards ceremony on May 15th in London.
Founded by August Equity, The Pathfinder 20 index differs from other lists which prescriptively assess businesses purely on historic growth rates. Instead companies shortlisted are measured not just on financial metrics, but on other considerations such as growth prospects, innovation and the ability in the longer term to become industry leaders. The assessment was made by a judging panel of leading technology executives, all of whom have a track record of growing and mentoring leading technology businesses in the UK.
The award win closely follows a £4m minority stake investment from BGF (Business Growth Fund) – an independent company established to help Britain's growing businesses – to support the growth of the rapidly expanding SME in the public sector market. Skyscape was also recently named a “Cool Vendor” by analyst firm, Gartner.
“This award win is further recognition of what Skyscape has achieved to date and the value that we are delivering to our public sector customers,” said Phil Dawson, CEO of Skyscape. “Indeed, the success of our innovative offering has recently prompted outside investment from BGF in light of our rapid growth and our ability to further develop the business. Our services have been specifically designed to meet the needs of the UK public sector, delivering high value and easy to use services, all at the best possible price. With a conscientious and passionate team, we are disrupting the market and are extremely proud to be receiving external recognition of our success and our potential for further growth.”
“The Pathfinder 20 index strives to identify exciting new technology companies that have the potential for impressive future growth,” said Philip Rattle, Managing Partner at August Equity. “As a young and dynamic business that is delivering an innovative range of services, Skyscape is certainly a worthy winner.”
Skyscape has achieved considerable success to date, winning a number of high-profile contracts directly with public sector organisations, including the Cabinet Office, Home Office, HMRC and MOD. Indirectly, via partners, Skyscape supports infrastructure hosting for a large number of other central government departments, and a growing number of local authorities and independent government organisations.