Investments help firms create more than 100 jobs in Dublin and Galway

Cubic Telecom, the Dublin- based communications firm, has attracted $5.2m (€4m) in external investment and is to create more than 70 jobs over the next three years.

The firm’s announcement led news yesterday, of more than 100 new jobs being created over the course of the next few years.

Cubic’s investment is coming from Enterprise Ireland; US semi-conductor giant, Qualcomm; ACT Venture Capital, and TPS Investments and will go towards helping the Dublin firm to further expand internationally and invest in its software platform and mobile network.