Recycling software firm raises €45m

AMCS, the fast-growing Limerick-based waste and recycling management software company, has raised €45 million in new investment led by New York-based venture capital firm Insight Partners.

The Ireland Strategic Investment Fund, a subsidiary of the National Treasury Management Agency, has also invested in the business, which was founded by Jimmy Martin and Austin Ryan in 2003.

The new funding round for AMCS, which is also backed by Investec Ventures, Highland Capital and Enterprise Ireland, ...