Development Capital invests €10 million in Cork tech consultants Zartis
Summary
Padraig Coffey, the CEO of Zartis, said the investment would catalyse further rapid expansion of the company at the inflection point of AI growthDevelopment Capital, the Irish investment fund, has pumped 10 million into Zartis, the Cork-based digital services consulting firm. The investment is aimed at doubling Zartiss revenues to 50 million and its headcount to 500 by 2028.Zartis provides outsourced tech services to around 80 customers in North America, Europe and the Middle East, such as ESW, Fexco, Kaluza and Forto.Andrew Bourg, the co-founder of Development Capital, said that the cash injection would assist the ...
Funding
Amount
$10.8M
Total raised
Date
May 27, 2024
Announcement date
Investors
-
Lead investors
Company
http://www.zartis.com
Funded company
Classifications
industries
No industries detected
applications
Business Intelligence
AskAI Classifications
Labels
AI/ML Platforms & Agents
Enterprise SaaS / Platform Software
Custom Software & Product Development
Linked Companies
Zartis
$5M to $10M