Irish open source data collaboration platform TerminusDB has raise €3.6m in seed funding.
The company said the funds will be used to hire new staff who will help the startup to grow its user base and launch new products.
The Trinity College spinout, which was founded three years ago, is to receive the funding from Volta Ventures with participation by Acequia Capital.
Atlantic Bridge University Bridge Fund and Enterprise Ireland, who are already investors in the company, are also to invest again.
"Funding from such high-quality investors is an endorsement of TerminusDB's technology and approach," said Kevin Feeney, CEO of TerminusDB.
Elsewhere, sports technology company Kairos has also closed a £1.5m seed round of investment from Techstart Ventures.
The Belfast based firm said it would use the money to launch a new office in the US and further expand across the UK and Ireland.
Kairos was set up in early 2018 by former Irish and Ulster rugby professional Andrew Trimble and Belfast-based entrepreneur, Gareth Quinn.
The platform is used help elite sports teams and athletes manage all aspects of their busy schedules including training sessions, meetings and physio/medical appointments.
It can also be used for communication.
It is currently being used by elite clubs in every tier of English football, EURO 2021 international sides, Premiership and PRO14 rugby sides, as well as teams in North America and South East Asia.
The firm has grown rapidly in the UK and also has customers in the US, Canada, Australia and Singapore.
