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Spitfire Audio selected for Tech City UK's Future Fifty programme

Laura  Barnes
Spitfire Audio selected for Tech City UK's Future Fifty programme

Spitfire Audio has announced that it has been selected for Tech City UK’s prestigious programme, which showcases and supports 50 of the country's leading growth stage companies.

All companies selected at this stage have been identified by a highly experienced and respected judging panel made up of some of the most successful entrepreneurs and investors in UK tech. They believe these companies have the potential to scale rapidly and build significant businesses.

Paul Thomson, co-founder of Spitfire Audio, commented: "I’m very excited that Spitfire will be part of the Future Fifty programme. To have developed our passion for composing and recording film scores into a reputable and profitable business is incredibly fulfilling.

"We join a community of companies who are all at a similar stage, where we can share the challenges and opportunities that we are all facing. We look forward to learning new skills and accelerating our growth, contributing to the digital economy of the UK, and becoming the best company we can possibly be."
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Of the 77 companies that have been through the programme since 2014, Future Fifty’s track record now includes:

– Five IPOs on the London Stock Exchange, raising $1.5 bn
– 17 mergers and acquisitions of which 11 in the last year, including SwiftKey (Microsoft), Housetrip (TripAdvisor), One Fine Stay (Accor Group) and Skyscanner (Ctrip)
– Over $3.8 bn raised in funding, across the 77 companies, including more than $1.5 bn in 2016

These companies have created 27,000 jobs around the world, demonstrating the extent to which tech is rapidly creating jobs and wealth throughout the UK.

Spitfire Audio has just announced a new product in collaboration with London Contemporary Orchestra - a highly in-demand group of musicians involved in recent records by Radiohead, Frank Ocean and Justice, as well as the film scores for Assassin's Creed and Alien:Covenant.

Main Image: Spitfire Audio co-founders Christian Henson and Paul Thomson.

Tags: Spitfire Audio , Tech City UK , Future Fifty programme

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