The Bank of Ireland Kernel Capital Growth Fund (NI) has led a £1.1m (€1.25m) investment in Belfast-based DisplayNote Technologies, taking its total investment in the firm to £2m.
Founded in 2012 DisplayNote has secured multi-million pound contracts with
global blue-chip customers including NEC, Dell and Vodafone. The company will use
this investment for key hires as it builds upon its international
customer base across the US, Europe and Asia.
"This investment will allow
us to bring new products to market, invest further in R&D
and grow our team as we continue to expand our global OEM
and Enterprise customer base." Paul Brown, CEO DisplayNote Technologies.
“We recognise
the world class innovation within DisplayNote products, enabling people across the globe
to collaborate in real-time, simply and effectively.” Jayne Brady, Partner Kernel Capital.