About nextgenaccess
nextgenaccess is a Telecommunications company based in Hatfield (United Kingdom) founded in 2013 by Andrew Gedny, and was acquired by ITS Technology Group in September 2022. It operates as a business communication and data center services provider. nextgenaccess has raised $28.3 million across 1 funding round from investors including ITS Technology Group and Amber Infrastructure. The company has 76 employees. Its focus areas include Telecom, Telecom Operators and Business Communication. Its legal entity is NEXTGENACCESS LTD. Its competitors include 1&1 IONOS, Vonage, Viatel, Aureon and Dialog Axiata and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
NextGenAccess is a telecom service provider which caters to business customers in England. It offers fiber-optic broadband internet access with data speeds up to 10 Gbps, dedicated internet access, Ethernet First Mile, MPLSVPLS, private circuits, local and long distance VoIP telephony with hosted PBX, SIP trunking, cloud services (private, public, hybrid), unified communications, installation, and support services. It provides these services through its own network infrastructure. Its data center services include colocation, cabinet specification, bandwidth, rack space, etc. It also caters to residential customers.
- Headquarters Hatfield, United Kingdom
- Employees 76
- Founders Andrew Gedny
- SectorsTelecommunications
- Email••••••••
- Phone•••• ••••
- Website nextgenaccess.com
- Social LinkedIn X
- Acquired by ITS Technology Group (Sep 2022)
- Legal Name Nextgenaccess Ltd
- Date of Incorporation 13 Sep, 2013
- Jurisdiction WARRINGTON, ENGLAND
- Total Equity Funding$28.3M (USD)
in 1 rounds
- Latest Funding Round$28.3M (USD), Series B
Oct 2018
- InvestorsITS Technology Group
& 1 more
- Employee Count76
- Acquired byITS Technology Group
(Sep 2022)
Funding Insights of nextgenaccess
nextgenaccess has successfully raised a total of $28.3M through 1 strategic funding round. The most recent funding activity was a Series B round of $28.3 million completed in October 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $28.3M
- Total Rounds 1
- Last Round Series B — $28.3M
- First Round $28.3M
(Oct 2018)
- Investors Count 1
All 1 funding rounds of nextgenaccess with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2018 | $28.3M | Series B | – | – |
2 investors in total: 2 institutional.
Investors in nextgenaccess
nextgenaccess has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include ITS Technology Group and Amber Infrastructure.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Infrastructure, real estate and venture capital firm focused on digital infrastructures | 2009 | amberinfrastructure.com | London, United Kingdom | |
Internet, managed IT, and telephony services provider | 2011 | itstechnologygroup.com | Chester, United Kingdom |
Investor details for nextgenaccess
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People of nextgenaccess
9 people are tracked at nextgenaccess (7 in leadership, 1 in board & advisors, 1 in team); the tracked headcount is 76.
| Name | Role | Group |
|---|---|---|
Simon Charles Bullock | Director | Leadership |
Andrew Gedny | Co-Founder | Leadership |
James Alexander | Finance Director | Leadership |
Mark Weller | Managing Director | Leadership |
Matthew Peck | Commercial Director | Leadership |
Jeff Carter | Operations Director | Leadership |
Steve Mackervoy | Sales Director | Leadership |
Bob Falconer | Director | Board & advisors |
Steven Marshall | Chairman | Team |
Complete people profiles for nextgenaccess
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Timeline of nextgenaccess
3 dated milestones of nextgenaccess across 9 years, from founding to its latest funding, stage changes and deals.
- Founded nextgenaccess is founded.
- Funding First funding round of $28.3M.
- Exit Acquired by ITS Technology Group.
Competitors of nextgenaccess
nextgenaccess has 9 listed competitors in our database, 7 of them funded. They include 1&1 IONOS, Vonage, Viatel, Aureon and Dialog Axiata, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| vonage.com | 2001 | Holmdel, United States | $642.33M | 1,089 | Provider of contact center business communication solutions | |
| viatel.com | 1991 | Dublin, Ireland | – | – | Connectivity, voice, and data center solutions are provided by Viatel. | |
| aureon.com | 1988 | West Des Moines, United States | $50.83M | 13,822 | Business telecom and contact center services are provided to enterprises. | |
| dialog.lk | 1993 | Colombo, Sri Lanka | – | – | Telecommunication services are delivered across Sri Lanka by Dialog Axiata. | |
| bluecatnetworks.com | 2001 | Toronto, Canada | $27.8M | – | Cloud-based DNS, DHCP appliances, and security solutions are provided. | |
| tpx.com | 1998 | Los Angeles, United States | $308M | 1,524 | Managed IT and Business communication services provider | |
| nfon.com | 2009 | Munich, Germany | $5.3M | 471 | Cloud telephony systems are provided across Europe for businesses. | |
| ringover.com | 2005 | Montrouge, France | $33.4M | – | Cloud-based business phone telephony services are provided. |
Detailed competitors of nextgenaccess
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Top companies in Telecom Operators
10 companies that operate in the same segment as nextgenaccess (Telecom Operators), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
MTN Group is recognized as a leading telecommunications provider in Africa. | 1994 | Johannesburg, Gauteng, South Africa | USD 7.05 M | USD 13.7 B | – | |
Global telecommunications company | 1995 | Delhi, Delhi, India | USD 292 M | USD 4.86 B | 4,250 | |
Telephony, internet, television, and network-based ICT services are provided. | 1994 | Brussels, Brussels-capital Region, Belgium | – | USD 7.08 B | 11,634 | |
Mobile telecommunications, internet, and energy services are provided globally. | 1981 | Tokyo, Tokyo, Japan | – | USD 44.14 B | 74,952 | |
Mobile internet, TV, and telecommunication services are provided. | 1876 | Dallas, Texas, United States | – | USD 125.65 B | 140,990 | |
Mobile internet services are provided for homes and offices. | 1981 | North Ryde, New South Wales, Australia | USD 19.72 M | – | – | |
Sky is recognized as a provider of TV, broadband, and mobile services. | 1990 | Isleworth, England, United Kingdom | – | – | 31,000 | |
Mobile and fixed-line telecommunication services are provided across Europe. | 1989 | The Hague, South Holland, Netherlands | – | USD 6.82 B | 9,660 | |
Provider of integrated telecommunication services | 1984 | Seoul, South Korea | – | USD 11.84 B | 5,490 | |
Integrated telecom and IPTV services are provided to Canadian customers. | 1874 | Vancouver, British Columbia, Canada | – | USD 14.86 B | 106,800 |
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Related news about Nextgenaccess
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Frequently Asked Questions about nextgenaccess
nextgenaccess was founded in 2013 and raised its 1st funding round 5 years after it was founded.
nextgenaccess is headquartered in Hatfield, United Kingdom.
nextgenaccess is a funded company, having raised a total of $28.3M across 1 funding round to date. The company's 1st funding round was a Series B of $28.3M, raised on Oct 2018.
nextgenaccess has 76 employees.
NextGenAccess is a telecom service provider which caters to business customers in England. It offers fiber-optic broadband internet access with data speeds up to 10 Gbps, dedicated internet access, Ethernet First Mile, MPLSVPLS, private circuits, local and long distance VoIP telephony with hosted PBX, SIP trunking, cloud services (private, public, hybrid), unified communications, installation, and support services. It provides these services through its own network infrastructure. Its data center services include colocation, cabinet specification, bandwidth, rack space, etc. It also caters to residential customers.
nextgenaccess has 2 investors. Key investors include ITS Technology Group, and Amber Infrastructure.
nextgenaccess operates through Nextgenaccess Ltd.
Yes. nextgenaccess was acquired by ITS Technology Group in September 2022.