Irish software firm raises $20m

WBT, an Irish founded supplier of Internet-based computer training systems, has raised $20 million (€21 million) in a second …

WBT, an Irish founded supplier of Internet-based computer training systems, has raised $20 million (€21 million) in a second round of financing. Conducted through Davy Stockbrokers, the investment amounts to just under 20 per cent of the company's equity placing a $100 million valuation on the group. The company expects to reach financial breakeven point within 18 months.

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