VCT News
Skills Matter secures $5million investment from Beringea
Tech City company set to expand its offering for software developers
6 December 2012 - London - Skills Matter, Europe's largest provider of open source and agile training and events, today announced a $5million investment from Beringea, the growth capital investor that manages the Proven Venture Capital Trusts.
Launched in 2003, Skills Matter helps their 35,000 strong developer community learn and share skills to write better software. The new funding will be used to provide even more opportunities for its community to collaborate with the world's top technology experts through expert talks, meet-ups, training courses and hackathons. In addition, they will now be able to offer work and collaboration space. Recent support from companies like BlackBerry, SpringSource, Novoda and others will enable Skills Matter to open dedicated technology labs in its space.
Wendy Devolder, CEO and founder of Skills Matter, said: "Beringea's $5 million investment will help us achieve our mission to firmly establish the UK as the #1 place to learn and contribute to software innovation. In 2013, we're running over 2,000 advanced technology events, bringing leading thinkers and technology experts from across the globe, to the UK to share their ideas and inventions.
"We are expecting to announce some more sponsors soon, who will invest in Tech City by working with us on some pretty cool initiatives to help London's Software Community learn, collaborate and share skills."
Trevor Hope, Chief Investment Officer, Beringea LLP, manager of the Proven VCTs, said: "I am very proud of our investment in Skills Matter. Advanced software skills are and will continue to be key to ensure that the UK is globally competitive. Skills Matter's approach to sharing skills, training and collaboration is at the heart of software innovation and opportunity. Wendy is an outstanding CEO and her commitment to developing Skills Matter has allowed her to grow a highly engaged community and strong relationships with leading technologists and innovative software companies around the world. With our help we are hoping to further establish Skills Matter as the place to be for software innovation in Europe."
About Beringea
Beringea is an international venture capital firm with offices in London and Detroit. In the UK Beringea manages ProVen VCT, ProVen Health VCT, ProVen Growth & Income VCT and Global Rights Fund II. Beringea launched its first VCT in 1996, making it one of the most experienced VCT managers in the UK. ProVen Growth & Income and ProVen VCT are highest performing VCTs of their launch years, respectively, according to www.taxefficientreview.com. For more information please visit www.provenvcts.co.uk.