InishTech, an Ireland-based software protection company backed by Microsoft, has raised €1.8m ($2.4m) from a Bank of Ireland-led venture consortium.

The round was split: €650,000 from the bank’s Seed and Early Stage Equity Fund, which is managed by venture capital firm Kernel, €400,000 from state-funded development organisation Enterprise Ireland, €275,000 came from the Halo Business Angel Network, and the remainder from company management, according to news provider Silicon Republic.

The company had licensed software from Microsoft through its intellectual…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.

Not sure if you have a subscription?