Cusp Point goes into examinership

An Irish software company which raised more than €5million in funding has applied for examinership after running out of money.

15th November, 2008

An Irish software company which raised more than €5million in funding has applied for examinership after running out of money.

Cusp Point Software had opened offices in Dublin, New York and Minnesota, but failed to secure additional funding and ran into cashflow difficulties.

The firm is backed by Enterprise Ireland, private investors, founders and management.

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