We are extremely excited and proud to announce that we have closed €2m in funding led by Causeway Capital a Dublin and London-based private equity fund, alongside 500 Startups, a leading Silicon Valley global venture capital seed fund.
We have been growing rapidly over the past 12 months, with interest from businesses all around the world. The investment by Causeway Capital and 500 Startups will enable us to really scale the business and expand our team as we move to the next level.
The past year has been a huge one for us, from winning two awards at the Web Summit, reaching 10,000 registered Bizimply users and raising €2million in funding, we truly are going from strength to strength.
The new funds will be applied to significantly expand our sales and marketing capability. Bizimply plans to create fifteen new jobs over the next twelve months, the majority of which will be based at the company’s head office in Dublin, Ireland.
Causeway Capital is a SME private equity fund based in Dublin and London. The fund was established in 2015 to make equity investments in a small number of established private companies with exciting growth prospects and talented management teams.
500 Startups is a global venture capital seed fund and startup accelerator based in Silicon Valley with over $250m in assets under management. They have invested in a wide variety of technology startups all over the world, currently over 1,500 companies since inception in 2010.
I would like to take this opportunity to thank all our customers, investors and team for their continued support and loyalty over the past two years.
Read more about this in The Irish Times.