Columbia and Top Tier in $40m round for Contino

Contino will continue with its existing growth strategy following the deal, in addition to pursuing bolt-on opportunities.

Since its series-A funding round in 2016, the company has expanded internationally to five offices across the EMEA, Americas and Asia-Pacific regions, increased its headcount from 25 to 250, and more than doubled its revenues year-on-year for three consecutive years, according to a statement.

Previous funding
Prior to the latest round, Contino raised three rounds of growth capital funding, according to publicly available documents, totalling around $19m. The company first received backing in 2015 and Columbia is an existing investor in the business.

Company
Founded in 2014, London-headquartered Contino is a provider of IT consultancy related to cloud services and IT infrastructure. Its clients include Allianz, Barclays, Lloyds and ADP.

People
Top Tier Capital Partners – Garth Timoll (managing director).
Columbia Capital – Jason Booma (partner).
Contino – Matt Farmer (co-founder, CEO).

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• Topics
• Expansion
• UK / Ireland
• Technology
• United Kingdom
• Venture