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Bt Invests £30M In Tech Freelancer Firm Distributed

Feb 17, 2022over 3 years ago

Amount Raised

£30 Million

Description

Telecommunications company BT has announced a £30m investment into UK startup Distributed, which provides businesses with on-demand access to a pool of freelance software developers.

Company Information

Company

Distributed

About

BT will use Distributed to rapidly bring together a variety of external tech professionals. Distributed uses a system dubbed ‘elastic teams’, named after the flexibility of the developer to company relationship.The British telco unveiled its digital transformation plans last year with the launch of BT Digital. Founded in 2017, Distributed uses AI to source freelance technology talent.

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