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Tech

MediaCityº£½ÇÊÓÆµ-based Vaioni Group boosted by private equity funding

Founded by Sachin Vaish in 2008, the fast-growing tech firm is behind the Vaioni Ethernet Network

Vaioni is based in the Tomorrow building in MediaCityº£½ÇÊÓÆµ(Image: Photo: © Adrian Lambert 2018)

Internet connectivity specialist, Vaioni Group, is accelerating its growth strategy following private equity funding.

The MediaCityº£½ÇÊÓÆµ-based has been boosted by a multi-million pound growth capital package from Panoramic Growth Equity, a leading equity investor in fast growing, entrepreneurial companies.

Founded by Sachin Vaish in 2008, the fast-growing tech firm is behind the Vaioni Ethernet Network.

The network currently connects 250,000 postcodes across 100 º£½ÇÊÓÆµ cities and towns with 100Mbps – 10Gbps internet speeds, including strategic relationships with all the top º£½ÇÊÓÆµ Carriers to reach locations outside of its own network.

Managing director Sachin said: “Vaioni has scaled significantly in recent years, and we are incredibly proud to be recognised not only as award winning, but as a credible and trusted business partner.

“Receiving this investment from Panoramic will enable us to accelerate the growth strategy.

“This includes the rollout of our Software Defined Network strategy, bringing first to market network automation direct to our customers and enhancing the product range with disruptive Unified Communications, Internet Security and Cloud, whilst strategically entering into new markets and driving our people strategy, who are the heart of our business.

Sachin Vaish, managing director of Vaioni

 

“Our goal is to become the Digital Transformation Partner of choice for our existing and new customers and we look forward to working closely with the team at Panoramic.”