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General

MACALLA SOFTWARE TO RAISE UP TO IP5 MIL FUNDING

Thursday 20 January 2000 | 00:00 CET | News
Macalla Software (Dublin, Ireland), developer of products for e-commerce and m-commerce applications, is in the process of raising between IP3 mil and IP5 mil of second-round funding from venture capitalists and private financiers. The fundraising could value the company at as much as IP15 mil. The proceeds will be used to finance expansion of the company's e-commerce work. The company also plans to focus on the supply of WAP-enabled software, according to Niall O'Cleirigh, chief executive.

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Categories: General
Countries: Ireland
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