Barclays has strengthened its partnership with Cutover, a platform that provides tools to enhance collaboration between humans and machines for IT projects, in a $17 million Series A funding round led by Index Ventures, the companies announced last week.

London-based Cutover is a project management platform designed to “empower teams to plan, orchestrate and analyze complex work faster, smarter and with greater visibility,” according to CEO Ky Nichol, who formerly had a career working with NASA and the European Space Agency. Founded in 2013, Cutover is an alumnus of the Barclays Accelerator program from 2015, and has raised more than $20 million to date.

“There’s a great relationship between human and machine automation that you lock into in the first fully automated flight…When you are in Mission Control, you know exactly where the rocket is millisecond by millisecond,” Nichol said. “I came to work as an enterprise tech consultant, particularly for financial services, and found that paradigm wasn’t there.”

Cutover’s offerings are designed to help people and machines work together by eliminating outdated tools, like static spreadsheets, phone calls and emails. Some use cases include managing enterprise technological changes — such as migrating data centers to cloud-based models — as well as planning, managing and analyzing hundreds of thousands of technology changes per year. The platform also promotes operational resiliency by providing workflows to quickly respond to, and recover from, tech failures. Cutover records all interactions with the platform, which helps financial institutions satisfy audits and regulators.

Cutover works with 15 financial institutions globally, including Barclays, Tesco Bank and Nationwide Building Society, and will use the $17 million in capital to invest in product and engineering, and increase its development capabilities fourfold, while supporting expansion into new verticals, Nichol said. The company is also building out its marketing team, and recently recruited its first chief marketing officer.

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“As an alumnus of the Barclays Accelerator programme, we have seen firsthand the evolution of the Cutover platform,” said Barclays Chief Technology Officer Janhavi Rao in a statement. Other companies to go through the Barclays Accelerator include the blockchain company Chainalysis and the digital receipt company Flux. “We are pleased to be deepening our relationship with Cutover as we continue to deliver our digital transformation with added pace and resilience .”

Cutover faces competition from other startups that help companies migrate workflows to digital channels. Nintex, for example, was named an industry leader by Forrester Research according to the company’s website. “Nintex leads the charge to make businesspeople into developers and has customers that have scaled to tens of thousands of applications deployed, the vast majority of which were developed by businesspeople without formal coding skills,” the report said.