Zartis secures €10m to add AI roles in expansion
Pictured at the announcement of Development Capital’s €10-million investment in software and technology services company Zartis are: Angel Benito (CTO, Zartis), Laura Sanchez (COO, Zartis), Fran Stafford (Investment Director, Development Capital), Andrew Bourg (Partner & Co-Founder, Development Capital), Padraig Coffey (CEO, Zartis) and Richard Dineen (CFO, Zartis).
Cork-based software outsourcing and tech consulting services provider Zartis secured a €10m cash injection from venture capitalist fund Development Capital.
The deal marked Development Capital’s 14th investment and first in both Cork and Munster, bringing the total value of its investments in Irish small and medium sized businesses to €120m to date.
