Tech Track 100

During lockdown, this firm’s engineers were classified as key workers, and continued to maintain and repair its broadband networks as well as connect new customers, prioritising vulnerable people without online access. University friends Dana Tobak, 51, and Boris Ivanovic, 50, set up Hyperoptic in 2011, after previously founding another internet service provider, Be Broadband, which they sold to O2 for £50m in 2006. The company operates in 43 towns and cities across the UK, working with social housing providers and councils to provide residents with broadband. Last October, American private equity firm KKR took a majority stake in a £500m deal. Sales hit £39.2m in 2019.

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Company details
Year2020
Rank66
CompanyHyperoptic
ActivityInternet services provider
LocationWest London
Average 3 year sales growth64.70%
Latest sales £000s*39,205
Staff1,179
Founded2011
Websitewww.hyperoptic.com

If applicable:

* supplied by company † annualised figure