Vectorcloud

Lanarkshire-based IT firm VectorCloud has secured a six-figure funding package from UK Steel Enterprise (UKSE)  to help the business expand further. The firm has used the investment to acquire the IT service division of another local business, substantially boosting its client base.

Motherwell-based IT support business VectorCloud has received a five-figure funding deal from UKSE (UK Steel Enterprise), a subsidiary of Tata Steel. The company has since launched a recruitment drive as it looks to increase its headcount by around 20%.