Murphy queries funding as 75 Cork roles announced

The disproportionate amount of venture capital funding being attracted by Dublin companies needs to be explained given the the quality of investment opportunities elsewhere in the country.

Data Protection Minister Dara Murphy called on the VC industry to explain the regional imbalance as he announced the creation of 50 jobs at data management solutions company, Asystec.

The opening of Asystec’s new Ballincollig facility where the roles will come on stream in the coming three years was one of two announcements which will see a total of 75 new jobs created in Cork.