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…
