CompuWeb Communications Services (CWCS), a Nottingham-based IT hosting provider, has secured a £500,000 investment from the British Business Bank’s Midlands Engine Investment Fund II, managed by Maven Capital Partners.
With this new funding, the company plans to grow its colocation hosting business, offering businesses secure spaces for their IT infrastructure.
CWCS has also acquired a new property in Beeston to expand its operations.
Founded in 1999 by Karl Mendez, CWCS operates its own data centre in Nottingham and also leases space in Manchester, London, and North America.
The company’s services are powered entirely by renewable energy, and its data centre is designed for energy efficiency.
CWCS serves a range of clients, including SMEs, large companies such as Hillary’s Blinds and Jonas Sports, and public sector organisations like the NHS.
Karl Mendez, CEO of CWCS said: “We are seeing increasing demand for colocation hosting, driven by businesses seeking flexible, cost-efficient, and energy-conscious solutions for their IT infrastructure. This funding from Maven and the Midlands Engine Investment Fund II allows us to accelerate our growth in this space, enhancing our capabilities while maintaining our commitment to outstanding customer service.”
Jonathan Lowe, partner of Regional debt funds at Maven said: “CWCS has built a strong reputation for high-quality hosting services, underpinned by a commitment to security, reliability, and customer focus. With colocation hosting representing a significant growth opportunity, this funding will support the company’s strategic expansion while enabling more businesses to benefit from its expertise. We are pleased to support Karl and his team as they scale up their operations. We would also like to thank Maria Smith at The CFO Centre, whose introduction facilitated this partnership.”
