multiple risk sources within an organisation including
internet gateways, CD/ DVD, memory sticks, USB port, MMS messaging and WIFI. This multiple risk analysis is essential for compliance sensitive organisations.
Commenting on the investment John Nolan, CEO of PixAlert said “This fund raising enables us to further develop our product range and helps to accelerate our international sales drive. We are delighted that our investors recognise the large international market potential for our solutions”
The VC consortium included 4th Level Ventures, NCB, and the Enterprise 2000 Equity Fund. Commenting on the investment, Ronan Reid, managing director of 4th Level Ventures, said, "We are delighted to have the opportunity to support PixAlert at this stage in its development. PixAlert is an excellent Irish company with real potential and strong products in an area of increasing concern to large corporations throughout the world."
PixAlert (the trading name of BioObservations Ltd.) is an Irish company with offices and partners in the UK, USA, Australasia and mainland Europe. For more information on PixAlert products and services visit www.pixalert.com |