Led · Equity · Nov 2024

CellPoint Digital offers a Payment Orchestration Platform that optimises digital payment transactions, supports cards and alternative payment methods, and enables multi-acquirer routing to improve authorization rates and conversion. The company is launching an Offer Order Service Delivery (OOSD) platform to support modern airline Offer and Order retailing, payment-driven offer creation, real-time order management, and fulfilment. The funding announcement says CellPoint will expand its Alternative Payment Method (APM) hub and intensify global expansion to meet growing demand across air travel, hospitality, cruise, OTAs and tour operators. The company cites partnerships and customers such as Virgin Atlantic, Southwest, Sabre, Cebu Pacific, Avianca, Riyadh Air, VoePass and La Compagnie as evidence of market traction. CellPoint operates offices in Copenhagen, Dallas, Dubai, London, Miami, Pune and Singapore. The article does not disclose specific revenue or user metrics. CellPoint Digital provides an omni-channel Payment Orchestration Platform that optimizes digital payment transactions across cards and alternative payment methods. Its platform enables merchants to adopt a multi-acquirer model, intelligently route transactions to increase authorizations and conversions, and deliver a frictionless checkout experience globally. The company aims to reduce cross-border payment costs while providing system uptime transparency and accelerating deployment of new payment options. CellPoint says it has experienced extraordinary growth and is winning key new clients across sectors. The business recently secured a $25M equity financing from Toscafund and Penta Capital; those investors' cumulative investment in the company now exceeds $56M following prior injections dating back to 2019. CellPoint plans to use the capital to widen global reach, penetrate new verticals including retail, gaming, crypto and digital content, scale its team globally, and drive further innovation into its platform. The company maintains offices in Copenhagen, Dallas, Dubai, London, Miami, Pune and Singapore.

Led · Equity · Jul 2012

Six Degrees Group is a privately owned managed data services provider serving UK mid-market and corporate customers. Its converged services portfolio includes datacentre, connectivity, voice and cloud offerings designed to support always-on operations. The company raised £8 million in new funding from Penta Capital and completed the acquisition of Cloud Computing Centre (CCC). CCC is a Surrey-based managed cloud hosting expert established in 1999, bringing over 100 mid-market hosting customers who spend an average of £36,000 per annum. The acquisition takes Six Degrees Group’s run-rate to £50m revenue and £12m EBITDA and brings Microsoft Gold and Silver Hosting Partner credentials plus Hyper-V skillsets. Management says the deal reinforces the firm's mid-market focus and will strengthen its ability to win corporate cloud hosting contracts and deliver new services to existing clients. Six Degrees Group is a privately owned managed data services provider based in London serving UK mid-market and corporate customers. It offers a converged services portfolio including datacentre, connectivity, voice and cloud offerings. The company is led by CEO Alastair Mills and CFO Ronnie Smith. Six Degrees has secured a long-term £25m credit facility from Clydesdale Bank to support growth. The company intends to use the financing to grow organically and through acquisitions. In October 2011 Six Degrees received £60m from Penta Capital. Six Degrees Group launched in the UK as a cloud services provider. The company debuted with almost 100 staff and is already serving over 1,200 business customers. Founder Alastair Mills, who previously sold his venture SpiriTel to Daisy for £37 million, is leading the new business. Private equity firm Penta Capital has agreed to invest £60 million (roughly $94 million) in the company. The funding was announced at launch to support the newly formed business and its existing customer base.

Led · Equity · Jul 2012

Six Degrees is a London-based managed data services provider selling datacentre, connectivity, voice and cloud offerings to UK mid-market and corporate customers. The company raised £8m in new funding from Penta Capital. It has completed the acquisition of Cloud Computing Centre (CCC), a Surrey-based managed cloud hosting expert established in 1999. CCC is led by CEO Keith Bates, serves over 100 mid-market hosting customers and is a Microsoft Gold Partner and Silver Hosting Partner. Six Degrees, led by CEO Alastair Mills, said the acquisition complements its existing technology and will strengthen its ability to win mid-market and corporate cloud hosting contracts and to deliver new services to existing clients. Six Degrees is a London-based managed data services provider offering private, enterprise-grade cloud services, datacenter co-location and managed hosting, Internet connectivity (including Enterprise MPLS and wholesale line rental), and carrier-neutral voice services. The company targets the UK mid-market — the roughly 90,000 companies that employ between 50 and 1,000 people — and already serves over 1,200 business customers. It has about 100 employees and says its private cloud products have grown roughly 800% in the last 12 months. Six Degrees positions its private cloud as a business-oriented alternative to public clouds like Amazon Web Services and iCloud and aims to support the BYOD trend by managing dispersed devices and services. The company plans to use the new funding to acquire assets in the managed data services market.