Software firm to boost workforce after securing €1.8m in capital

A DUBLIN software company will create jobs after securing funding of €1.8 million.

Software firm to boost workforce after securing €1.8m in capital
Fri, 17 Sep, 2010 - 01:00
Niamh Hennessy

InishTech received the investment as part of a funding drive led by Cork-based venture capital firm Kernel Capital. Kernel manages the Bank of Ireland seed and early stage equity fund.

The funding consists of a €650,000 investment by the Bank of Ireland Seed Fund, a €400,000 investment by Enterprise Ireland, a €275,000 investment by the Halo Business Angel Network (HBAN), with the remainder of the funds being provided by the company’s founders.

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CourtsPlace: CorkPlace: EuropePlace: North AmericaPlace: Far EastPerson: Aidan GallagherPerson: John O’SullivanPerson: David SmythPerson: Donal DuffyPerson: Paul RellisPerson: RellisOrganisation: DublinOrganisation: InishTechOrganisation: Kernel CapitalOrganisation: KernelOrganisation: Bank of IrelandOrganisation: Bank of Ireland Seed FundOrganisation: Enterprise IrelandOrganisation: Halo Business Angel NetworkOrganisation: HBANOrganisation: MicrosoftOrganisation: Microsoft Ireland
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