Newspaper article Manchester Evening News

DATACENTRED CASH BOOST ; Firm Building Data Centre at MEDIACITYUK Secures Pounds 4m Investment to Accelerate Its Plans in the Region.

Newspaper article Manchester Evening News

DATACENTRED CASH BOOST ; Firm Building Data Centre at MEDIACITYUK Secures Pounds 4m Investment to Accelerate Its Plans in the Region.

Article excerpt

INVESTOR Jon Moulton has backed a Pounds 4m fundraising for a data centre rm set to create 270 jobs.

DataCentred was established in 2012 by Dr Mike Kelly, a pioneer in the data centre sector.

Funding for the company - which has come from Mr Moulton, the Greater Manchester Investment Fund, and the North West Fund for Venture Capital - will be used to complete its rst site at MediaCityUK and to continue developing its Open Source cloud computing platform.

Dr Kelly, who founded Telecity said: "

"It also allows choice to clients and operators in rebalancing the UK's Internet infrastructure towards the north."

" Mr Moulton has invested through his familyrm Perscitus Advisers. He added: "We always look to invest in an opportunity in which we see high market growth, management commitment and management capability.

"We believe that Data-Centred is one of these happy combinations, and we look forward to our faith and early stage commitment being rewarded by DataCentred's future success. …

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