MPSTOR Ltd, a Cork, EIRE-based developer of data storage management products, has raised a €1.5m equity financing.
The investment was led by Kernel Capital (through The Bank of Ireland Kernel Capital Fund) and Asian investment firm Winning Tack.
In conjunction wuth the funding, Mr. Kevin Haverty was appointed as MPSTOR’s new CEO.
Commenting on the deal, MPSTOR Director, William Oppermann, said: “This investment enables the enhancement of our management team through the appointment of Kevin Haverty and we are now focused on enhancing our existing sales team through additional appointments”.
FinSMEs
09/11/2009