More and more Irish companies and startups are securing capital investment but the value of those investments is decreasing, that's according to the annual Irish Venture Capital Association VenturePulse survey.
Usually start-up pitches are weeks if not months in the making, but not this one. Entrepreneur turned investor Niall Harbison is inviting start-ups to pitch their ideas in 140 characters or less for the chance to secure vital initial funding.
Diaspora, an alternative privacy-centric social network still in private beta, has reportedly joined startup accelerator programme Y Combinator and hopes to eventually launch sometime after this summer.
Phorest, a Dublin-based company that provides management and booking software for the hair and beauty industry, has today announced that they have secured a €1.3 million investment from multiple funders, including a mix of private investors and the Enterprise Equity venture capital fund.
Irish mobile network operator Three has today announced a €38 million investment contract with BT, which will see BT’s fibre network expand to over 200 new mobile sites and to a further 1,000 existing sites currently serving Three customers. This new fibre network will vastly increase bandwidth nationwide and will facilitate network speeds of up to 100Mb.