Tech Company Financing Transactions

Ascendx Cloud Funding Round

Ascendx Cloud closed a $110 million investment round on 5/16/2025. Investors included Columbia Lake Partners and private investors.

Transaction Overview

Company Name
Announced On
5/16/2025
Transaction Type
Debt
Venture Equity
Amount
$110,000,000
Round
Undisclosed
Investors

Columbia Lake Partners (Lead Investor)

private investors (Charles Delingpole)

private investors (Chris North)

private investors (Malte Janzarik)

private investors (Sujay Tyle)

Proceeds Purpose
The company intends to use the funds to further develop its solutions, expand to new product categories through strategic acquisitions.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
124 City Road
London, England, EC1V 2NX
UK
Phone
Undisclosed
Email Address
Overview
Ascendx Cloud is a UK-based technology company specializing in artificial intelligence (AI) applications designed to enhance customer relationship management (CRM) processes. Their solutions assist enterprises in automating customer complaint handling, streamlining internal workflows, and improving overall service efficiency. Notable clients include DoorDash and Verizon.
Profile
Ascendx Cloud LinkedIn Company Profile
Social Media
Ascendx Cloud Company Twitter Account
Company News
Ascendx Cloud News
Facebook
Ascendx Cloud on Facebook
YouTube
Ascendx Cloud on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ufuk Civilo
  Ufuk Civilo LinkedIn Profile  Ufuk Civilo Twitter Account  Ufuk Civilo News  Ufuk Civilo on Facebook
Chief Financial Officer
Marc Thompson
  Marc Thompson LinkedIn Profile  Marc Thompson Twitter Account  Marc Thompson News  Marc Thompson on Facebook
Chief Operating Officer
James Lumb
  James Lumb LinkedIn Profile  James Lumb Twitter Account  James Lumb News  James Lumb on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/16/2025: Left Main REI venture capital transaction
Next: 5/16/2025: Tern Software venture capital transaction

 

Share this article

 


News on VC Transactions

We do our best to document funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary