Kernel Capital leads €1.2m funding round for Amartus

Kernel committed €500,000, sourced from the Bank of Ireland Seed and Early Stage Equity Fund, according to reports.

The new investment will be used to support the company's expansion and to boost sales of its Chameleon OS Service Delivery software solutions.

Company
Amartus is a Dublin-based technology company, dedicated to operations systems and delivery solutions in the telecommunications industry. Founded in 2003, it now operates offices in Ireland, Poland and the US. Its products correspond to the industry quality standards set by Metro Ethernet Forum and TeleManagement Forum. Its client base includes Cisco, ECI Telecom and Transition Networks.

People
CTO Daniel McCaughan led the investment for Kernel. Michael Kearns is CEO of Amartus.

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• Topics
• UK / Ireland
• Technology
• Expansion
• Ireland