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Cloud Services Provider Six Degrees Group Launches In UK With $94 Million In Funding

Robin Wauters

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Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

Monday, October 10th, 2011
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British entrepreneur Alastair Mills, who recently sold his latest venture, SpiriTel, to communications giant Daisy for £37 million, is at it again.

Mills is today debuting his new company, Six Degrees Group, and has announced that private equity firm Penta Capital (who also backed SpiritTel) has agreed to invest £60 million (roughly $94 million) in the business. Six Degrees Group is launching today with almost 100 staff and already serving over 1,200 business customers.

Read the rest of the story on TechCrunch Europe.

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