Aylien lands $2.3m investment round

Nov 10, 2017 •

Aylien will recruit 70 more staff and launch its text analysis software following a round backed by the University Bridge Fund.

Aylien, an Ireland-based text analysis technology developer linked to several Irish universities, secured €2m ($2.3m) on Wednesday in a funding round led by investment vehicle University Bridge Fund.

Irish state-owned enterprise support agency Enterprise Ireland backed the round, as did venture capital fund SOSV. University Bridge Fund is a $68m fund backed by University College Dublin and Trinity College Dublin that was launched in June last year.

Parsa Ghaffari, chief executive of Aylien, moved to Ireland from Iran in…

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