£5.4 million-valued broadband start up Brillband eyes international growth as investors back business with £1m in just nine months
- Fresh £475,00 investment will help broadband start-up expand across the UK and into international markets by 2025
- Glasgow-founded Internet Service Provider (ISP) rolls out across Scotland as customers join in Edinburgh, Aberdeen, Stirling, and Inverness
- New jobs promised in software development, marketing, and customer contact divisions as business grows
- Start-up expert hails ‘opportunities for growth and scalability’ as investors back entrepreneur and Brillband founder Duncan Di Biase
SCOTTISH broadband start up Brillband has revealed plans for national and international expansion after securing an additional £475,000 investment.
The money – including personal backing from digital infrastructure banking experts based in Australia and Norway-based angel investors – takes overall investment in the Glasgow-founded broadband start-up to more than £1 million in just nine months.
£5.4 million-valued Brillband – the first Scottish internet service provider (ISP) designed for full-fibre network capability – launched in Glasgow and Renfrewshire in November last year, and has since expanded across Scotland with new customer bases established in cities including Edinburgh, Dundee, Aberdeen, Stirling, and Inverness.
The new investment will be used to develop Brillband’s pioneering technology – including the expansion of its software development team – as well as growth in its marketing and customer experience divisions, with the ISP primed to expand across the UK in early 2024 with sights then set on Europe the following year.
Brillband – whose model revolves around a single rate for the fastest speed for the duration of a customer’s contract with no mid-contract price hikes – is available exclusively on the rapidly growing the Cityfibre network, and is already one of the network’s fastest growing ISPs in Scotland on a list that includes Vodafone and Talk Talk.
Cityfibre is already available to more than 2.2 million UK homes, with plans to grow that number to eight million homes across 285 cities, towns, and villages across the UK by the end of 2025.
The UK telecoms regulator, Ofcom, recently launched a new review into whether inflation-linked mid-contract price rises give phone and broadband ISP customers “sufficient certainty and clarity about what they can expect to pay.”
Duncan Di Biase, Brillband’s founder and CEO (Pictured above), says Brillband’s reliability and price point have been popular with customers, and added that the software-based ISP’s capability for scalability and commitment to ‘doing things differently’ has helped attract fresh investment.
He said: “This investment opens the door to our next phase of growth across Scotland, with expansion across the UK next and then into Europe by 2025.
“The message is spreading and momentum is building around the brand as consumers wake up to the realisation they have been overpaying for broadband. We have growing customer bases in all Scotland’s major cities, and as CityFibre grows so will we.
“Our investors believe in the brand we have built, our purpose, the people behind it, and the potential for Brillband. No other provider has the growth and scale potential we offer and the faith our investors have shown in us demonstrates that.
“Our software-based model creates agility competitors reliant on traditional copper infrastructure do not have. Legacy networks and infrastructure mean the big providers would need to invest hundreds of millions to move as fast and as far as we can.
“Brillband is a pill not a vitamin – it is driving the change the broadband industry needs. Our model and our software has the potential to transform broadband forever.
“2023 will be a huge year for Brillband, and we have major announcements on the horizon. However, our purpose – to provide the best possible broadband connection with outstanding customer service – will remain regardless of how big Brillband gets. That is what will always set us apart.”
Emma Loedel, Glasgow director of global entrepreneur network Start Up Grind, believes Brillband’s potential for scalability and focus on doing things differently make it one of the most exciting prospects in Scotland’s start-up community.
She said: “Scotland’s tech scene is buzzing at the moment and entrepreneurs such as Duncan (Di Biase) are the reason for it. It’s a community rich in ideas and the determination to deliver them, and that’s what’s so attractive to investors.
“Brillband’s fresh perspective on how broadband can be delivered – backed up by technology – offers its customers a genuine alternative to the accepted norm and that builds interest.
“Investors are putting their hands in their pockets because they see the scalability potential for Brillband’s model beyond their borders, and that’s a really exciting prospect for the company, and what could become another Scottish tech success story.”
Brillband is committed to providing broadband sustainably, with its technology designed to minimise the amount of hardware required. The provider is also working with Amazon to offer customers eero 6 routers, which will last for the duration of a customer’s relationship with Brillband.
Brillband’s commitment to customer service is already evident, with the ISP already rated 4.4 on independent review website Truspilot,
To find out more about Brillband visit brillband.com