Member Article

Liverpool IT firm creates jobs after securing growth funding

Liverpool IT solutions business AIMES Grid Services is creating ten jobs after securing £3m of new funding.

The firm provides secure server hosting, data backup and disaster recovery services.

First established within the University of Liverpool in 2003 by Professor Dennis Kehoe, three years later it became a standalone commercial operation. Based at the Liverpool Innovation Park, AIMES now employs 19 staff.

The £3m of credit facilities, including £800,000 growth capital funding, has been provided by Santander.

It will allow the business, based on Liverpool Innovation Park, to accelerate revenue over the next two years, as well as to fit out and extend capacity at its second data centre.

Chief executive Prof Kehoe said: “This investment could not have been secured at a better time.

“Since 2008, we have built a diverse client base encompassing local and national relationships in both the public and private sectors.

“This funding package will provide us with the capital to expand our data centre capacity, and facilitate the creation of additional jobs within the company.”

Darren Hart, head of growth capital at Santander UK, said AIMES is the first business to receive Breakthrough investment for Growth Capital in the North West.

He added: “The reputation that AIMES has established and revenue growth achieved to date have provided the platform for our support.

“The funding provided from our Breakthrough programme will support AIMES in achieving the next phase of its growth aspirations, fulfilling a strong pipeline of demand for its services.”

This was posted in Bdaily's Members' News section by Simon Malia .