Optimity Gets a £2.5M Boost to Power Up London’s Digital Lifelines
Optimity, a leading UK network tech and managed services company, has just secured a £2.5 million funding package from the Growth Finance team at Clydesdale and Yorkshire Bank. The cash infusion is set to help the firm turbo‑charge its service offering across London, hire new talent, and beef up its already expanding client roster.
Wibre™ – The Rapid‑Fire Broadband Solution
At the heart of Optimity’s brilliance lies Wibre™, a wireless broadband marvel. By waving microwave signals between rooftop antennas, Wibre delivers jaw‑dropping speeds of up to 10 Gbps – a speed that would have made even the most impatient eater swipe left if they had to wait for fiber deployment. The kicker? Installation only takes a bit over a week, outpacing the three‑to‑six‑month grind many cities endure.
Wibre shines brightest in “blackspot” zones where traditional fiber fails to reach. Think of those spots where you’re staring at a buffer icon and your coffee is about to go cold. Optimity’s wireless solution swoops in, lights up the area, and keeps the data flowing.
Why Optimity Is Expanding Fast
Currently staffed by 55 team members, Optimity plans to grow by adding 10 more hires over the next year. The new funds will underwrite:
- Deployment of additional rooftop antennas across London.
- Marketing and sales initiatives to bring in brand‑new customers.
- Further refinement of their already impressive managed‑services toolkit.
Statement from Optimity’s CFO
Andrew Frome says, “London’s internet reality still has a lot of room for improvement. Wibre lets us connect businesses in record time, and this new financing is the fuel that will help us continue that momentum.”
From a Nifty Footage Business to Broadband Powerhouse
Founded in 2003 in Shoreditch as a computer repair and telephone line installer, Optimity now boasts over 320 rooftop antennas and has successfully hooked up more than 1,000 businesses. The firm is supported by growth‑equity investor FPE Capital and offers a full suite of modern tech solutions and managed services.
Bank’s Growth Finance Praise
Stephen Fahy, senior director of growth finance at Clydesdale and Yorkshire Bank, lauds Optimity: “Fast, reliable internet is a game‑changer for UK SMEs. Poor connectivity can choke growth, but Optimity’s Wibre is scaling up the digital economy’s backbone. We’re thrilled to back cutting‑edge tech and look forward to watching Optimity soar.”
With this new support, Optimity is poised to become an even stronger force in London’s digital infrastructure landscape – keeping startups and established businesses alike surfing the internet at high speeds, all while sidestepping the dreaded, slow fiber rollout.
