Olive Communications, a High Wycombe, UK-based business communications provider, secured £15.25m in funding.
Business Growth Fund invested £10m growth capital while Barclays provided £5.25m in new debt facilities.
The company will use the funds to expand its customer base, further develop the range of services available to existing clients, grow its 150 strong team with appointments across its three sites High Wycombe, Hatfield and Towcester.
Founded in 2003 by Mark Geraghty and Rob Saffman, and led by CEO Martin Flick, Olive provides unified communications solutions which allows corporate and small and mid-sized organisations to run their IT infrastructure across voice, data, applications and mobile devices.
It partners with UK’s major network operators, carriers, IT vendors and infrastructure providers.