UKFast secures GBP 40 million bank fund

Wednesday 20 April 2016 | 20:26 CET | News
UK cloud infrastructure provider UKFast has agreed a GBP 40 million fund from the Royal Bank of Scotland as it looks to continue its growth. UKFast has reported double digit organic growth every year since it launched operations in 1999, and has added over GBP 10 million in recurring revenue in the last two years. It will draw down GBP 30 million of the fund immediately, with the option to take a further GBP 10 million in the future.

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Categories: Internet
Companies: UKFast
Countries: United Kingdom
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