technology

Irish tech trailblazer and serial entrepreneur Pat McDonagh dies

The former teacher turned tech investor amassed a fortune on the back of pioneering companies such as CBT Systems, Riverdeep and Thirdforce

Pat McDonagh , who founded CBT Systems and Riverdeep. Picture: Sportsfile

Tributes have been paid to Pat McDonagh, the serial tech investor and founder of CBT Systems and Riverdeep, who has died at the age of 72.

Widely regarded as a trailblazer, McDonagh was a former schoolteacher turned investor who amassed a fortune from founding and backing tech companies, and from property deals.

Early to spot the impact that technology would have, in 1983, McDonagh founded CBT Systems, a company that specialised in computer-based training software. He made an estimated $45 million after the company floated on the Nasdaq 12 years later in 1995.