London tech firm invests in Newcastle

London tech firm invests in Newcastle

London-based mobile technology specialist mkodo is opening a new technical hub in Newcastle creating a number of highly skilled jobs.

The new office at The Core, set to open in January, will be an extension to the 35 strong team based in Tech City London.

mkodo chose to invest in Newcastle after exploring a dozen different cities and finally narrowed the shortlist down to Newcastle and Sheffield.

The company stated Newcastle’s broad talent pool, high quality graduates, low costs and buzzing city culture helped them make their decision.

Stuart Godfree, managing director, said: “We are excited to continue the growth of our mobile technology business in the vibrant city of Newcastle.

“The city has a strong digital sector and excellent universities with which mkodo can engage to help drive our innovative and proven product range forward.”

Catherine Walker, inward investment director at Invest Newcastle, added: “We are delighted to welcome mkodo to the city and they are a great addition to the digital sector.

“They will bring additional expertise, create jobs and will undoubtedly enhance the city’s burgeoning reputation, here in Newcastle, as a tech hot-spot.

“For Newcastle to be chosen over more than a dozen other locations for mkodo’s first office outside of London is a testament to not only the city’s competitive offering but also our increasingly strong digital presence within the UK.

“We’ve seen an influx of digital businesses, with our Inward Investment team supporting 21 businesses locating or expanding here in the past year.

“Our digital sector has also seen huge investment with £12.5m being invested in city’s digital infrastructure, supporting the thousands of creative and digital businesses across Newcastle.

“Our ambition is to be internationally recognised as one of the top five cities in digital and technology by 2020 and attracting businesses such as mkodo is a further step towards achieving this.”

mkodo is planning to expand their Newcastle team rapidly and will be recruiting for roles throughout 2016.