Cork's Smarttech247 raises €1.8m through sale of shares in cybersecurity firm

Cork-founded firm announced the sale of its entire unquoted minority position in Visibility Blockchain Limited to Forcepoint

Raluca Saceanu, CEO of Smarttech.

Cork cybersecurity provider Smarttech247 has announced the sale of its entire unquoted minority position in Visibility Blockchain Limited to Forcepoint, a provider of data and cloud security.

The disposal is expected to generate a gross cash inflow to the company of approximately €1.8m.