Friday February 28, 2020

Desmond and Maloney invest further in Intune Networks

Financiers Dermot Desmond and Barry Maloney have pumped more funds into Intune Networks, a high-profile Irish tech start-up that has already raised €60 million from investors.

25th August, 2012
Dermot Desmond.

Financiers Dermot Desmond and Barry Maloney have pumped more funds into Intune Networks, a high-profile Irish technology start-up that has already raised €60 million from investors.

Irish funder Kernel Capital and US finance house Spark Capital have also participated in the funding round. In total, the company has raised an additional €4 million from its existing backers.

Companies Office documents lodged last week showed that Desmond participated in the round through his investment vehicle, IIU,...

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