Stacuity, the innovative software-as-a-service company revolutionising mobile connectivity, has announced today the successful closure of its multi-million pound Series A funding round. The investment round was spearheaded by Amigos Venture Capital, a boutique investment firm renowned for specialising in strategic investments within the telecom sector, alongside a consortium of prominent global investors.
This significant funding milestone underscores strong investor confidence in Stacuity’s ground-breaking approach to connectivity, particularly its commitment to enhancing IoT and enterprise data services through its pioneering ‘Edge’ strategy. The new capital will empower Stacuity to rapidly scale its global operations, expand its highly talented international team, and accelerate the deployment of its global network of managed edge locations, significantly boosting local data autonomy and control for customers worldwide.
John Freeman, CEO of Stacuity, commented: “Securing this investment marks a pivotal moment for Stacuity. The support from Amigos Venture Capital and our other strategic investors enables us to take significant steps forward in reshaping the landscape of mobile connectivity. Our Edge strategy will deliver unprecedented control, flexibility, and efficiency for IoT and connectivity providers, cementing our role as a global leader in programmable network innovation.”
Amigos Venture Capital Managing Partner, Mattias Rejman, said: “We are delighted to lead this investment round for Stacuity. The team has demonstrated exceptional vision and technical capability, positioning the company at the forefront of next-generation telecoms innovation. We are excited to support their ambitious global expansion and play a part in shaping the future of mobile connectivity and IoT services.”
This investment will fuel Stacuity’s ongoing commitment to empowering businesses with game-changing connectivity solutions, driving further innovation, and expanding its market presence globally.
