Yorkshire-based Vapour Cloud has secured a substantial £1 million investment, marking a significant step in its ambitious expansion plans.
The funding will fuel innovation in its cloud solutions and support an increase in team size by 20%, reinforcing its market position.
Securing a £1m Investment
Vapour Cloud, a tech advance player based in Yorkshire, has secured a significant £1 million cash injection from Seneca Partners. This investment marks a pivotal moment in the company’s journey, facilitating plans for wider expansion across the United Kingdom. The funds are earmarked for innovation within its bespoke cloud solutions, an area where Vapour Cloud has consistently set benchmarks.
A Strategy for Growth
The company plans to boost its staffing levels by 20%, a move that will see new roles created across sales, marketing, implementation, and support functions. By strategically expanding its team, Vapour Cloud aims to enhance service delivery and customer engagement. This expansion is not merely about numbers but about cultivating expertise and providing tailored solutions to meet growing client demands.
As the company celebrates its fourth anniversary, it reflects on a journey of steady growth and significant milestones. Founded in 2013 by Tim Mercer, Jason Sharp, and Steve Dempsey, Vapour has already drawn a total of £4 million in investments, indicating strong investor confidence.
Relocation and Infrastructure
The recent relocation to a new 4,500 sqft headquarters in Elland unifies the Leeds and Manchester teams, streamlining operations and reinforcing its commitment to seamless service provision. This move is strategic, positioning the company advantageously within the UK’s competitive cloud market.
The Elland headquarters are equipped with a secure integrated network operation, a crucial asset in supporting its network of channel partners and end customers. Vapour Cloud’s infrastructure is designed to provide not only connectivity but also reliability, crucial for its diverse clientele ranging from SMEs to prominent UK resellers.
By establishing this robust foundation, Vapour Cloud ensures its ability to meet the increasing demand for sophisticated cloud solutions. The infrastructure serves as a backbone for future innovation, enabling the company to integrate cutting-edge solutions efficiently.
Focused Innovation
Vapour Cloud’s approach to innovation is both direct and targeted. Rather than sprawling into various tech sectors, the company remains steadfast on three core areas: secure network connectivity, voice communications, and storage. This focused strategy sets Vapour apart from companies whose diversification leads to fragmented service offerings.
Tim Mercer, the CEO, emphasises the importance of maintaining a concentrated effort on evolving their solutions. The company is harnessing its bespoke platform to integrate voice and data, offering a comprehensive suite of cloud solutions.
Client and Market Reach
The trust that Vapour Cloud has built with organisations has transformed the company into the go-to cloud technology partner for a range of businesses—from local SMEs to leading UK resellers and blue-chip brands. The bespoke nature of their projects highlights the company’s adaptability and expertise in delivering tailored cloud solutions.
Richard Manley, Managing Partner at Seneca, praises Vapour Cloud’s advancements and notes how their platform’s capabilities allow delivery of future-proof solutions across the UK.
In a market teeming with potential, Vapour is positioned to leverage its strong client relationships to drive forward secure and reliable cloud services.
Financial Outlook
Looking ahead, Vapour Cloud sets its sights on achieving a £6 million turnover by the end of 2018, with ambitious plans to double this by 2020. Such financial targets underline the company’s confidence in its strategic direction and operational strength.
The investment and planned expansions reflect a forward-thinking approach, aimed at capitalising on the booming demand for advanced cloud technologies across various sectors.
Conclusion
Vapour Cloud stands at a crucial juncture, empowered by strategic investment and a clear focus on cloud innovation. The road ahead is promising, with the company’s strong foundation poised to support its journey towards becoming a leader in advanced cloud solutions across the UK.
Vapour Cloud is set for growth, backed by new investments and a strategic approach to cloud technology.
The company’s trajectory promises continued success and expansion across the UK cloud services landscape.