Funding

Irish-founded proptech company CIM raises €6.7m

David Walsh, who hails from Co Tipperary, founded the Sydney-headquartered software company after moving from Ireland during the downturn

CIM founder and chief executive David Walsh: “I’m excited to initiate the next stage of our growth by expanding into Asia and North America “

CIM, a software company founded by Irishman David Walsh after relocating to Australia during the downturn, has raised AU$10 million (€6.7 million) from investors.

Walsh, who moved to Sydney in 2009, said the funding will be used to expand into Asia and North America with plans to double headcount at the proptech company over the next 12 months. Founded in 2015 with just AU$1,300 in capital, CIM already has operations in Europe with offices ...