James and James has secured an \u00a311 million investment from private equity investor LDC, part of Lloyds Banking Group. The investment will enable the company to further enhance its software services and operating infrastructure.<\/p>\n\n\n\n
In the last three years, James and James’s revenue has grown by 50% per annum to \u00a317.4 million and it now employs more than 100 people worldwide.<\/p>\n\n\n\n
LDC is partnering with the management team \u2013 led by Founder and CEO James Hyde, COO Neil Sant and CFO Simon Lisser \u2013 to invest in a larger UK fulfillment center<\/a>, continue to develop the company’s technology proposition, and expand its client service and commercial functions.<\/p>\n\n\n\n James Hyde said: \u201cJames and I created the business<\/a> to challenge the industry and create technology-led solutions that are fit for today\u2019s rapidly-evolving online retail market. The logistics industry has generally been behind in its adoption of technology, but the demand for more modern systems is greater than ever.<\/p>\n\n\n\n \u201cOver the last few years, we\u2019ve been on a strong growth trajectory and are investing more than ever in our in-house fulfillment platform<\/a>. With LDC\u2019s experience in the tech space and confidence in our business plan, they will be a great partner to help us deliver even more value to even more brands and retailers.\u201d<\/p>\n\n\n\n