Billionaire financier Dermot Desmond has taken a significant position in online recruitment start-up Jobbio as part of a multimillion euro cash call for the Dublin company.
It is understood that Desmond stepped into a funding round that was already underway and contributed significantly to the cash raise, which is thought to be in the region of €8 million.
Staff at the company were told about the deal last week. All the existing investors at Jobbio,...
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