MPSTOR Limited, a Cork, Ireland-based data storage specialist, has closed a 700k financing.
The round was led by The Bank of Ireland Kernel Capital Fund, with participation from the company’s management and Enterprise Ireland.
MPSTOR intends to use the funds to continue to expand the business.
Founded by CTO William Oppermann, the company designs and supply data storage management software and solutions designed for Cloud, Video, Telecommunications and other enterprise storage applications.
MPSTOR has sold more than 1,000 licenses of its recently launched “MPStackwareTM” software products to date.