Irish technology firms raised €817m between January and September.

That's a record figure for the nine month period according to the latest Venture Pulse survey published by the Irish Venture Capital Association and law firm William Fry.

It's an increase of 11% on the first nine months of 2016 and is almost double the amount raised during the same period in 2015.

Regina Breheny, director general of the IVCA, said the strong opening to the year brought to more than €3.6 billion the amount of venture capital raised by small and medium sized Irish companies since the onset of the credit crunch in 2008. "These funds were raised almost exclusively by Irish VC fund managers who during this period supported the creation of up to 20,000 jobs," she said.