Cubic Telecom plans to open offices in Japan

The company, which has raised €35 million to date, is set to raise €15 million more

Barry Napier of Cubic Telecom Picture: Fergal Phillips

Cubic Telecom, the Dublin-based mobile technology company, is set to raise at least €15 million in its next funding round.

The company, which has raised €35 million to date, will put the funds towards its ongoing expansion as it plans to open offices in Japan by early next year, according to chief executive Barry Napier.

The plans come soon after Cubic announced it was almost doubling its Irish workforce, from 80 to 140. ...