Brighton firm features in Britain’s top 100 tech list
This weekend, The Sunday Times Hiscox Tech Track 100 has featured Brighton-based firm MPB in this year’s ranking of the most exciting and fastest-growing tech companies in Britain. MPB, which is an online platform for trading in and buying used camera gear, employs 120 people in Brighton and New York City.
Matt Barker, founder and CEO of MPB, says “I’m delighted MPB is flying the flag for Brighton in The Sunday Times Hiscox Tech Track 100. Brighton has always been a vibrant, innovative and exciting place to live and work, and that’s certainly reflected in this company. And the Brightonians who work here.”
“I’m incredibly proud of all my teams here at MPB, from dispatchers to devs, marketing to maintenance. MPB was included in the list before, in 2015, and it’s great how far we’ve grown since then. We’re all excited for the steps ahead.”
Barker started MPB in 2011 as a graduate, trading on eBay in his bedroom. The company now employs 97 people, working in central Brighton and Hollingbury. An additional 23 employees work in New York City, where MPB has an office and is opening an operational centre - funded by a recent £9m investment from Acton Capital Partners in Germany.
MPB is on track for revenue in excess of £40m this year. The online platform is used by 135,000 photographers and filmmakers across the UK, Europe and America. There are around 4,500 different cameras and lenses available to buy - all of which are second hand.
This year’s Tech Track 100 companies achieved average sales growth over three years of 105% a year to a combined total of £3.4bn. They employ 18,200 staff, having added 13,200 employees to their combined workforce over the period. The full league table is published as a 10-page supplement within the business section of The Sunday Times on 8 September, both in print and in the digital edition, and on www.fasttrack.co.uk.
You can access the MPB platform at www.mpb.com