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Bruce Macfarlane: What MMC Ventures is looking for in tech startups

Yessi Bello Perez speaks to Bruce Macfarlane, managing partner at MMC Ventures, about his tech investment strategy.

NewVoiceMedia, a Basingstoke-based cloud tech provider, is similar to many startups in that it started out in a spare bedroom. Unlike many tech startups, though, it has now raised more than $140m in venture capital funding, having closed a $30m Series F round earlier this year.

The firm, still HQ’ed in the Hampshire town, has attracted a wide range of investors including Bessemer Venture Partners, Eden Ventures, Notion Capital and MMC Ventures, with the latter participating in the firm’s $20m Series B round, which closed in early 2013.

“NewVoiceMedia is an amazing story. It started in Basingstoke and it’s now operating all over the world,” said Bruce Macfarlane, managing partner at MMC Ventures....