Distributed, a London UK-based on-demand and Elastic™ software talent startup, raised £5m in Series A funding.
The round, which brought total funding raised to date to over £9m, was led by Guinness Asset Management with participation from Fuel Ventures, Filippo Sarti and Andreas Mihalovits.
The company intends to use the funds to scale its operations and platform features.
Led by Callum Adamson, CEO and Co-founder, Distributed is a tech-enabled startup which allows companies to work through Elastic Teams™️ – fully managed, globally distributed teams – to build and maintain software to a higher standard without the need for technical development teams-in-residence.
The funding comes after Distributed announced a partnership with Capita plc in 2020, which has accelerated the adoption of Distributed’s Elastic Teams™ across Capita’s network of Enterprise customers.