Kernel Capital invests €500,000 in Zolkc

The capital will facilitate the introduction of Zolkc's platform to the North American market.

Company
Waterford-based Zolkc was founded in 2007 and originated from the Telecommunication Software & Systems Group (TSSG) in the Waterford Institute of Technology. The company has developed a platform that allows tourist destinations to customise their experience for guests by providing rich multimedia, video and audio content. Currently Zolkc employs a team of 10 people.

People
Donal Duffy is head of Enterprise Ireland Relations at the Bank of Ireland and Greg Treston represents Enterprise Ireland.

Advisers
Company – MJ O'Connor Solicitors, Sean Nolan (Legal); Ernst & Young (Financial due diligence).
Equity – LK Shields Solicitors, Brian Allen (Legal).

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• Topics
• UK / Ireland
• Early-stage
• Technology
• Ireland