What is Chess?
Established in 1993 and headquartered in Alderley Edge, Cheshire, Chess operates as a telecommunications provider specializing in comprehensive technology solutions. The company leverages strong relationships with all major UK networks, offering extensive technical capabilities across Voice, Connect, ICT, CyberSecurity, and Digital services. This integrated approach enables Chess to design, deploy, and support its clientele in achieving efficient growth, enabling remote work environments, safeguarding business operations, and enhancing customer connectivity.
How much funding has Chess raised?
Chess has raised a total of $108.7M across 2 funding rounds:
Private Equity
$34.3M
Private Equity
$74.5M
Private Equity (2011): $34.3M with participation from Barclays
Private Equity (2015): $74.5M led by Barclays
Key Investors in Chess
Barclays
Barclays PLC is a British multinational universal bank headquartered in London, providing a wide range of financial services to consumers, businesses, and institutions globally. The company operates through multiple divisions including retail banking, corporate and investment banking, wealth management, and credit cards.
Barclays
Barclays PLC is a British multinational universal bank headquartered in London, providing a wide range of financial services to consumers, businesses, and institutions globally. The company operates through multiple divisions including retail banking, corporate and investment banking, wealth management, and credit cards.
What's next for Chess?
The substantial enterprise-level funding and recent strategic investment indicate a phase of significant scaling and market consolidation for Chess. Future endeavors are likely to focus on expanding its service portfolio, particularly in high-growth areas like CyberSecurity and Digital transformation, and potentially exploring new geographic markets or strategic partnerships. This capital infusion will be vital for enhancing its technological infrastructure and maintaining a competitive edge in the dynamic telecommunications sector.
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