Ashfords advises on one of the Top 10 UK technology venture capital investments of 2013

Ashfords advised investors Highland Capital, Notion Capital, MMC Ventures and Eden Ventures on the 2013 funding round of NewVoiceMedia, which was led by US fund Bessemer Venture Partners and listed by Growth Business as one of the largest UK technology venture capital investments of 2013.

The $35 million Series C round followed a $20 million Series B round earlier in the year and brought the total invested in NewVoiceMedia to over $60 million.

Corporate partner Chris Dyson led the Ashfords team.

Chris said, "it was great to work with the investors in NewVoiceMedia and help deliver one of the largest UK tech investments of the past year. 2013 was a very active year for the team, with an increase in both investments and exits indicating exciting prospects for 2014, particularly in SaaS markets".

NewVoiceMedia is a global provider of cloud contact centre solutions, and was named one of 20 Red Hot Pre-IPO Companies in 2014 B2B Tech by IDG Connect and shortlisted in the ‘Most Innovative Enterprise Cloud Solution' category for the 2014 UK Cloud Awards.

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