Specialist software company Nomos secures €500,000 in venture capital

Two former Motorola employees have received €500,000 in venture capital funding for their specialist software company, Nomos.

Tricia Balfe and David Garry founded the company in 2007 with their redundancy payments from Motorola. Nomos’s software has been developed to assist financial companies with writing and testing software for accurately delivering banking products and satisfying regulatory requirements.

Cork-based venture capital firm Kernel Capital, with €196m under management, is investing €500,000 into the company, supported by Enterprise Ireland.