UKFast backs new tech start-up
FAST-GROWING Manchester software startup Reconfigure.io, has been backed by leading cloud hosting firm UKFast.
The start-up is behind technology which is tackling the major global problem of IT systems struggling to cope with the massive data demands driven by growth in areas such as cyber security, artificial intelligence and online media.
Reconfigure.io employs a team of 13 working across the globe, including a number of high-end developers in the USA.
The move makes UKFast the largest single investor in Reconfigure. io’s current funding round and is part of CEO Lawrence Jones’ mission to speed up the internet.
Jones said: “This is an extraordinarily exciting investment for UKFast and for the future of the internet. There are only so many times you can launch a new chip with increased processing power or add more cores.
“Reconfigure.io is unlocking the technology that supports growth in virtual reality, big data and machine learning. There is an incredible future ahead for these guys.
“Ultimately, we’re committed to speeding up the internet – it’s in our DNA – and Reconfigure.io is facilitating the very technology to make this happen. We’ll be looking to make use of it within our products as we look to integrate greater use of AI and machine learning.
“Reconfigure.io is undoubtedly set to make a huge difference to a lot of businesses.”
Reconfigure.io CEO Rob Taylor said: “With this investment, UKFast becomes the single largest investor in this funding round.
“We look forward to building a working partnership and creating the next generation of computing infrastructure.”
Rob Taylor and Lawrence Jones