Irish Web content firm secures E1.6m


Irish Web content firm secures E1.6m 2010-01-08

Dublin-based Web content management company, Terminalfour, has secured E1.6m of equity funding to accelerate the growth of its United States partner network, sales force and research and development. The investment was led by The Ulster Bank Diageo Venture Fund with investment also provided by The AIB Seed Capital Fund and with grant aid from Enterprise Ireland. The company provides 'out-of-the-box' enterprise web content management software to universities, public sector bodies and multinationals. Its systems enable medium and large sized organisations to improve the delivery and communication of information through various channels including websites, personalised portals, intranets, extranets and emerging media. It currently has over 200 customers Europe and claims to be the number one supplier to third level education institutions in the UK and Ireland. It is now positioned to expand beyond its European base and capitalise on growing sales opportunities in North America and has already developed a partner network and won a number of reference university clients in both the US and Canada.

<< Go back to news list