Dublin headquartered Continuous Software has raised €1 million in seed funding to fuel its expansion.
The company has now completed the first phase of a €2.5 million round.
The investment was led by Athens-based, publicly listed Performance Technologies, alongside a group of investors including a major System Integrator and four Saudi Arabian businessmen.
The funding will accelerate Continuous Software's EMEA expansion and fuel further product innovation.
Its flagship product, aangine, is an AI-powered platform that enables organisations to align teams, budgets, programs, and projects with strategic goals and objectives.
With this new capital, Continuous Software plans to increase its workforce by 40% by the end of 2025, adding technical, support, and sales roles.
The company will also build upon its existing partnerships with major technology players such as OpenText, Dell, and MongoDB.
"Our investment in Continuous Software reflects our strong belief in their innovative approach to strategic planning," said Dimitrios Papantoniou, Founder of Performance Technologies & Managing Director of Performance Technologies Cyprus.
"aangine provides significant value to businesses seeking to enhance planning discipline and achieve better business outcomes. We are excited to support Continuous Software's growth trajectory and market expansion," he added.