The Reading-based company has been recognised for numerous awards including achieving Business Superbrand status in 2019. Located in the recently developed £35m Thames Valley Science Park, Sage People enables mid-size, multinational companies to manage their workforce through its global cloud HR and people system. Qmee earned £7m in turnover last year and was ranked 11 th on The Sunday Times Tech Track 100 list. That consumer data and customer opinions are fed back to companies such as Nike and Ipsos Mori to help improve their services. Qmeeįounded in 2012, Qmee rewards survey participants with cash and also for sharing their online activity. ![]() Last September, Snyk secured £154m in funding, bringing its total funding to £354m over eight rounds of investment. Snyk was being eyed as a potential unicorn – a company valued at over a billion dollars – and indeed it passed that milestone in January 2020 and no worth more than $2.6bn. 12 of the most exciting tech companies in Reading and Thames Valley Snykįounded in 2015, Snyk software enables more than 1.5 million developers worldwide to stay secure with its developer-first proactive security solutions. This has led to massive companies such as Microsoft, Oracle, Huawei, Cisco Systems, and Symantec setting up their UK headquarters in Reading and the Thames Valley, which in itself has encouraged more firms to come to Reading and an influx of foreign investment. Reading and the surrounding Thames Valley area have a particular advantage over other tech hubs because of their closeness to London and easy access to airports such as Heathrow. The University of Reading has also been instrumental in encouraging tech companies and startups, most recently supporting the establishment of the Thames Valley Science Park in 2018. Tech Nation’s report revealing that the city’s Tech economy’s turnover of £13.6 bn in 2017. The national average is less than per cent.” Simon Brooker, BDO London audit group head, said: “Reading is the fastest growing region in the UK, growing by about 2.5 per cent, where the rest of the southeast is at about 2 per cent. In 2017, the city tech economy turned over £13.6bn. The city boasts 11,656 tech companies, covering AI and data, e-commerce, cyber, digital, gaming, Internet of Things (IoT), medtech and fintech. ![]() ![]() In 2019, The Data City conducted a census of technology companies and found Reading was the third best tech hub for businesses in the UK after London and Manchester. Indeed, Reading has seven times the tech company density than the national average, according to a 2018 Tech Nation report.
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