Follow Us

We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message

Huddle hails Downing Street's Pitch10 start-up event a success

Comes a week after Techworld revealed government is pulling £50m Tech City fund

Article comments

UK start-up Huddle has hailed a start-up event held at 10 Downing Street last week a success.

The Pitch10 event saw 10 young technology companies present their business ideas to an audience of investors and senior civil servants, including digital minister Ed Vaizey, digital advisor to the PM, Joanna Shields and prime minister David Cameron himself.

Chris Boorman, Huddle’s chief marketing office, attended the event and said it was good to see the government putting 10 fast-growing UK companies in the same room as late-stage investors. 

“I think it’s really good to highlight the successes of what’s happening with young start-ups in the country,” said Boorman. “And also connecting them with later stage investors and enterprises who they can sell to. I think that’s a very good initiative.”

Many start-ups have said its relatively easy to get early stage funding in London but the late stage funding rounds, which typically involve raising in excess of £10 million, have not been as easy to come by. 

Huddle itself - an enterprise collaboration and content management platform used by the likes of Nasa, KPMG and the Cabinet Office - moved its head office from London to San Francisco after CEO Alastair Mitchell struggled to gain the venture capital he needed to grow the business in the UK.

“This needs to carry on with a growing momentum," he said. "One of the things that government can do is not only invest in young companies but also facilitate a way of bringing together the organisations that can help technology and industry flourish.”


More from Techworld

More relevant IT news


Send to a friend

Email this article to a friend or colleague:

PLEASE NOTE: Your name is used only to let the recipient know who sent the story, and in case of transmission error. Both your name and the recipient's name and address will not be used for any other purpose.

Techworld White Papers

Choose – and Choose Wisely – the Right MSP for Your SMB

End users need a technology partner that provides transparency, enables productivity, delivers...

Download Whitepaper

10 Effective Habits of Indispensable IT Departments

It’s no secret that responsibilities are growing while budgets continue to shrink. Download this...

Download Whitepaper

Gartner Magic Quadrant for Enterprise Information Archiving

Enterprise information archiving is contributing to organisational needs for e-discovery and...

Download Whitepaper

Advancing the state of virtualised backups

Dell Software’s vRanger is a veteran of the virtualisation specific backup market. It was the...

Download Whitepaper

Techworld UK - Technology - Business

Innovation, productivity, agility and profit

Watch this on demand webinar which explores IT innovation, managed print services and business agility.

Techworld Mobile Site

Access Techworld's content on the move

Get the latest news, product reviews and downloads on your mobile device with Techworld's mobile site.

Find out more...

From Wow to How : Making mobile and cloud work for you

On demand Biztech Briefing - Learn how to effectively deliver mobile work styles and cloud services together.

Watch now...

Site Map

* *