Precursor Technology Group, a leading cyber security firm, is continuing to expand its presence in the North East with the support of a six-figure investment. The company, which offers a comprehensive range of cyber security services including cloud security, continuous security testing, and backup, established a security operations centre in Newcastle earlier this year, creating […]

Cheshire-based security software provider, PortSwigger, has announced a £8 million dividend payout following a strong financial performance. The company, which has a global client base including major corporations like Barclays and Amazon, saw its turnover increase by 21% to £35.9 million in the year ending 31 December 2023. Despite a slight drop in post-tax profit from […]

Middlesbrough has cemented itself as the leading tech hub outside of London, according to the latest 2024 UK Tech Jobs Report by Eskimoz. Ranking sixth overall in the nation, with a strong score of 80.07, Middlesbrough is recognised as the fastest-growing tech destination in the UK, reinforcing its position as a key player in the country’s rapidly expanding […]

Stockport is poised to become a hub for the UK’s digital and technology sectors as Kao Data, a leading developer and operator of advanced data centres, has commenced construction of its new £350 million facility in Reddish. This marks a significant expansion for Kao Data, as it will be the company’s first data centre outside […]

Opencast, one of the North East’s fastest-growing tech firms with an office in Newcastle and virtual hubs in Manchester and Leeds, has reported revenues approaching £50m during what it described as a “year of consolidation”. The company’s accounts for 2023 show turnover rising 38% from £36.3m to £49.9m. However, operating profit dipped slightly after the company […]

Castleford-based Cammax has been acquired by Canadian transport technology group Modaxo. Cammax, which manufactures self-service  touch screen ticketing machines commonly used in car parks, public transport stations and by the NHS, is now part of the Ontario-based group that owns a portfolio of transport software companies worldwide. Although the financial terms of the deal remain […]

Spinout investment firm Northern Gritstone, founded by the universities of Leeds, Manchester and Sheffield, is set to welcome external investors from the second half of next year, as it seeks to expand funding for its portfolio of spinouts beyond Series A. The firm, whose shareholders currently include blue-chip companies and pension funds, will shift to […]

Sheffield-headquartered education software provider, Tribal Group, has reported a “steady overall financial performance” in its half-year results. For the six months ending 30 June 2024, the listed company achieved revenues of £44.9m, up from £43.4m in the same period in 2023. Adjusted EBITDA stood at £7.4m, down from £8.1m the previous year. Tribal attributed the […]

Relentless Developments has secured a significant deal with UK tech heavyweight Arm, marking a major expansion for the company in Manchester city centre. The agreement represents the largest letting at the £400 million landmark St Michael’s development to date and the biggest commercial property deal in Manchester in two years. Arm is set to occupy […]

A significant cyber security incident has affected housing software across the Greater Manchester region, leading to the temporary shutdown of several council housing websites. Locata, the software provider, supports housing operations for councils nationwide and confirmed that the attack initially targeted one borough in Greater Manchester, subsequently spreading to others, including Manchester, Salford, and Bolton […]

Liverpool-based travel technology start-up, digitaltravel.io, has reached a significant revenue milestone and doubled its office space in its third year of operation. The company, which provides digital solutions for travel and tourism businesses, particularly the cruise industry, is celebrating having surpassed £1 million in annual revenue – a significant jump from the first year, when it generated […]

A new development that could bring £3 billion worth of investment into the North Lincolnshire economy has been approved. The proposed scheme, submitted by Humber Tech Park Limited, aims to be one of Europe’s largest data centres, promising to create nearly 400 jobs. The development, which will be built on land near the A180 south […]

Extended Reality (XR) software development firm Luminous XR has raised a further £1m from the North East Venture Fund, supported by the European Regional Development Fund and managed by Mercia Ventures. Luminous XR’s platform enables developers to create metaverse-style training programmes and simulate real-life scenarios, such as health and safety training. It is particularly popular […]

Warrington-based human capital management (HCM) solutions provider Talos360 has increased its technology revenues by 55%, reaching £5.1 million for the year ending 31 December 2023. The provider’s increased technology revenues came about following a period of significant client growth and investment in its market-leading software services. Technology sales now constitute a record 44% of Talos360’s […]

This summer, Sunderland city centre will host some much-loved family games with a distinctly modern twist. Sunderland BID has installed four street games in both Market Square and Keel Square, adding a playful element to these areas during the summer months. The games visitors can enjoy playing Twister, Bullseye, Snakes and Ladders, and Hopscotch, enhanced by […]