Industry veterans raise €2.5m for new firm

Dajeil, a young Dublin firm formed by technology industry veterans, has raised about €2.5 million in investment.

The company’s founder and chief executive is Chris Fairclough, who previously founded Accelerated Encryption Processing. That company, now known as AEP Networks, has raised about $40 million in funding and has expanded through a series of acquisitions.

Fairclough founded Dajeil in 2003, shortly after he left AEP. Documents filed at the Companies Registration Office show that ...