Octopus Ventures and Newion led a $11m round in ValueBlue.

Venture capital firms Octopus Ventures and Newion led an $11m round in ValueBlue, a provider of SaaS solutions. "Organisations now recognize the benefits of more closely aligning business strategy with IT strategy as a key enabler of driving commercial value. Digital transformation is one activity borne out of this understanding. The pandemic has further exacerbated this perspective and we don’t see that changing. ValueBlue’s ability to coordinate the complexities of digital architecture and collaboration across departments has never been more important as business leaders look for a solution to manage and refresh outdated infrastructure and technology stacks," Paul Davidson, Octopus Ventures Principal.