Sunday May 31, 2020

A big year ahead for tech start-ups

With a number of US investment funds reportedly gearing up to invest in the Irish technology sector, 2014 looks set to be a good year to be a tech start-up, writes Philip Connolly.

2nd February, 2014
Noel Ruane, venture partner at Polaris Partners, had a busy 2013 and invested more than $25 million in Dublin-based companies. Picture: Tony O'Shea

Towards the end of January, the Irish start-up scene saw two of its number complete among the biggest funding rounds in recent memory.

In Dublin, software firm Intercom closed a $23 million investment in a series B funding round. The round was led by US venture capital giant Bessemer, an investment partner which puts Intercom in good company alongside Bessemer portfolio companies LinkedIn, Skype and Pinterest.

Meanwhile in Limerick, AMCS Group, an environmental software developer, closed...

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