Swansea’s tech landscape is set for transformation as Veeqo, a leading eCommerce management platform, secures prestigious global talent. This strategic move follows significant Welsh Government investment, paving the way for exponential growth.
Veeqo’s recent acquisition of high-calibre professionals from international tech giants signifies an exciting phase for the company. The contributions of these new hires aim to reinforce Veeqo’s position in the global market, reflecting a forward-thinking business strategy focused on innovation and expansion.
Welsh Government Investment Fuels Growth
Veeqo, based in Swansea, has capitalised on a £500,000 investment from the Welsh Government. This funding has facilitated the onboarding of top-tier talent and supports the company’s growth ambitions. By attracting professionals from hubs like New York, London, and Berlin, Veeqo demonstrates its commitment to scaling globally. Such investments signal significant governmental support, underscoring the importance of tech innovation within the region.
Key Appointments at Veeqo
Among the new recruits is Cerys Davies, who takes on the role of Head of Human Resources. Davies brings extensive experience from New York, where she led HR departments for major companies such as Trustpilot, Medidata, and Thunderhead.com.
Another pivotal addition is Tom Weeks, appointed as VP of Global Sales. His experience at Ve Interactive, particularly in forging the company’s billion-dollar valuation, is anticipated to enhance Veeqo’s market reach and sales capabilities.
Strategic Leadership with Mark Robertson
Mark Robertson joins Veeqo, taking charge of Channel Sales and Strategic Partnerships. His previous accomplishments at BCSG, notably securing partnerships with tech behemoths like Google and Microsoft, poised him as an asset to Veeqo’s strategy.
Robertson’s leadership is expected to drive strategic alliances, pivotal for Veeqo’s continued success. The company’s ambition to broaden its market presence, particularly in the US, is underpinned by Robertson’s expansive industry network.
This strategic leadership is integral to reinforcing Veeqo’s reputation as a formidable player in the eCommerce landscape.
Veeqo’s Remarkable Growth Trajectory
In the past year, Veeqo has experienced rapid growth, buoyed by significant crowdfunding efforts. The £1.2 million secured in December 2016, alongside £2.5 million previously raised, illustrates the company’s robust financial framework. Such financial backing has enabled Veeqo to expand its workforce considerably.
Over the next three years, Veeqo plans to create 168 additional jobs, further cementing its role as a leading tech employer in Swansea. This ambitious employment strategy not only boosts local economies but also strengthens the tech ecosystem in Wales.
CEO Matt Warren’s Vision
Matt Warren, Veeqo’s CEO, expressed pride in attracting world-class talent to Wales. He emphasised the challenges of scaling outside established tech hubs like Silicon Valley, yet remains optimistic about the company’s prospects.
Warren highlighted the significance of these new appointments, which align with Veeqo’s mission to champion Welsh tech innovation on a global stage.
Governmental Endorsement and Industry Impact
The Welsh Government’s endorsement of Veeqo underscores its pivotal role in the digital economy. Ken Skates, the Welsh Economy Secretary, lauded Veeqo’s ongoing growth and job creation in the region.
Such governmental support is crucial in fostering an environment conducive to innovation and competitiveness. Veeqo’s expansion is not merely a business success but a testament to the region’s burgeoning tech sector.
Future Prospects for Veeqo
With strategic hires, substantial investment, and a strong governmental backing, Veeqo is poised for a promising future. As the company continues to expand, its influence in the eCommerce sector is expected to grow exponentially.
Veeqo’s strategic expansion through global talent acquisition highlights its commitment to innovation and growth. The company’s forward-looking approach, supported by governmental investment, positions it as a leader in the tech industry. With the creation of high-quality jobs and enhancement of its workforce, Veeqo is set to make a significant impact in Swansea and beyond.