Decawave secures Euro 2.5m funding

Dublin based wireless technology firm DecaWave has received Euro 2.5 million in funding, which will allow it to create 25 new jobs.

Taoiseach Enda Kenny and DecaWave chief technology officer Michael McLaughlin with the DW1000 chipIain White. Photo Iain White.

Dublin based wireless technology firm DecaWave has received Euro 2.5 million in funding, which will allow it to create 25 new jobs.

DecaWave, which makes chips for geo-location, has raised Euro 20.3 million since 2007. The new jobs will be rolled out over the next 18 months, doubling the company's workforce.

Ciaran Connell, chief executive of DecaWave, told The Sunday Business Post that the business expects to raise around another Euro 5 million ...