{"id":13237,"date":"2017-01-10T07:18:04","date_gmt":"2017-01-10T07:18:04","guid":{"rendered":"http:\/\/www.ispreview.co.uk\/?p=13237"},"modified":"2017-01-10T13:15:22","modified_gmt":"2017-01-10T13:15:22","slug":"origin-broadband-raises-3m-investment-grow-uk-isp","status":"publish","type":"post","link":"https:\/\/www.ispreview.co.uk\/index.php\/2017\/01\/origin-broadband-raises-3m-investment-grow-uk-isp.html","title":{"rendered":"Origin Broadband Raises \u00a33m Investment to Grow UK ISP"},"content":{"rendered":"

Doncaster-based ISP Origin Broadband<\/a>, which tends to focus on the budget side of the market, has managed to raise an extra \u00a33 million of investment via Calculus Capital, which is a Private Equity fund manager and specialist in the Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT). Expect more sales staff to be hired.<\/p>\n

According to the press release, Origin boldly claims to have “developed its own infrastructure and now has the sixth largest broadband network in the UK based on \u2018premises passed\u2019<\/em>“, although it’s unclear exactly what part of their network that reflects and how far outside of their South Yorkshire base it extends (they also work with some other ISPs).<\/p>\n

Otherwise the new investment will be used to help Origin hire new staff and expand their sales team in order to “develop new business<\/em>” across the United Kingdom.<\/p>\n

Oliver Bryssau, CEO of Origin Broadband<\/a>, said:<\/strong><\/p>\n

“Our company was born in part out of my own frustration with the poor broadband and service I received at home and we never lose sight of the importance of providing a first-class service.<\/p>\n

Our customers have an account manager as a single point of contact, we can tailor packages to their individual or business needs and we offer UK-based technical support 24\/7, 365 days of the year.<\/p>\n

This focus on quality customer service and the highly competitive pricing made possible by having our own infrastructure, represents a very attractive proposition.”<\/p><\/blockquote>\n

John Glencross, CEO of Calculus Capital, said:<\/strong><\/p>\n

“The continuing migration of UK households to superfast broadband is driving revenue growth for internet service providers, with Ofcom<\/a> figures showing company revenues from domestic customers up 18.5% year-on-year to \u00a34.9 billion in 2014. Equally, more and more businesses are moving to cloud computing services. We believe Origin is extremely well-positioned to benefit from this growth.”<\/p><\/blockquote>\n

Origin’s turnover is predicted to reach \u00a318m this year, which is a huge improvement over \u00a33.5m in the previous year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Doncaster-based ISP Origin Broadband, which tends to focus on the budget side of the market, has managed to raise an extra \u00a33 million of investment via Calculus Capital, which is a Private Equity fund manager and specialist in the Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT). Expect more sales staff to be hired.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1],"tags":[472,441],"class_list":["post-13237","post","type-post","status-publish","format-standard","hentry","category-uk_isp_news","tag-business","tag-yorkshire"],"share_on_mastodon":{"url":"","error":""},"yoast_head":"\nOrigin Broadband Raises \u00a33m Investment to Grow UK ISP - ISPreview UK<\/title>\n<meta name=\"description\" content=\"Doncaster-based ISP Origin Broadband, which tends to focus on the budget side of the market, has managed to raise an extra \u00a33 million of investment via\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ispreview.co.uk\/index.php\/2017\/01\/origin-broadband-raises-3m-investment-grow-uk-isp.html\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Origin Broadband Raises \u00a33m Investment to Grow UK ISP - 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