LogEntries finds way with $1m

LogEntries, an Ireland-based file-management service for corporations spun out of University College Dublin (UCD), has raised more than $1m from venture capital firms Polaris Venture Partners, RRE Ventures and Frontline Ventures and state-backed Enterprise Ireland.

Trevor Parsons and Vilaim Holub founded LogEntries from UCD after incubation at @dogpatchlabs Europe, which is backed by Polaris.

Noel Ruane, European Venture Partner with Polaris, said: "For a seed-stage company to have such rich IP [intellectual property] manifested in a product so much more…