Saturday September 19, 2020

Cape focuses on US growth

By any standards, it has been a busy year for Annrai O’Toole, the chief executive of web services technology firm Cape Clear Software.

9th December, 2006

In April, the company raised $15 million in fourth round funding, prompting an aggressive expansion in the US that has resulting in a doubling in revenue this year. Cape Clear now employs 120 people in Ireland and the US and is ‘‘moving along’’, according to O’Toole.

He would not comment on revenues at Cape Clear for competitive reasons, but said the figure should double again next year as the firm gathered...

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