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Birmingham Post
Birmingham Post
Technology
Hannah Baker

US tech company sees 800% growth after moving European HQ to Bristol

A global technology company has said it's achieved 800% year-on-year growth since choosing Bristol as its European headquarters.

Pax8, which moved into the West of England 18 months ago, has created a marketplace for IT professionals to buy cloud-based technology products and has achieved so-called 'unicorn' status, meaning it is now valued at more than $1bn.

The company is expecting to create 100 to 150 new jobs over the next four to five years.

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