International legal practice Osborne Clarke has advised UKCloud, the multi-cloud hosting experts dedicated to making transformation happen across UK public sector, on a significant £25M investment from Digital Alpha Advisors LLC, that will enable accelerated digital transformation of UK public services through its unique multi-cloud platform.
The investment from Digital Alpha, which enjoys a strategic collaboration agreement with Cisco Systems Inc., will support the enhancement and expansion of teams and technologies behind the UKCloud multi-cloud platform – as well as strengthening the alignment with networking leader Cisco in the UK, who will have a new route to market with UKCloud through joint sales and marketing activities.
UKCloud has grown rapidly to become the leading cloud provider supporting digital transformation across the UK public sector. The recipient of the Queen’s Award for Enterprise for its innovation in developing a unique multi-cloud platform, UKCloud brings together the best hyperscale cloud technologies and traditional Enterprise technologies on a single platform hosted within its secure UK data centre facilities. UKCloud enables resource-constrained public sector organisations a low risk way of modernising existing IT, whilst also facilitating the development of modern cloud native digital solutions which require services such as Azure, Docker and Kubernetes.
Osborne Clarke’s market leading venture capital team is considered a go-to practice for many fast-growing companies in the Tech, Media and Comms sector. The team combine extensive market knowledge and deep sector expertise to support companies throughout all stages of their development, from start-up to later stage and growth capital funding, strategic M&A and exits.
The Osborne Clarke team who advised on the transaction was led by corporate Partners Simon Jones and Conrad Davies, who were supported by Associate Ashley Morris. Partner Michael Carter and Senior Associate Rhiannon Jones also provided advice on employee incentives matters.