PCH INTERNATIONAL, the technology manufacturer which has its headquarters in Cork, has secured $30 million (€20.5 million) in its latest round of venture capital funding. This follows the $26 million it successfully raised back in February and the $21 million it raised in 2008.

The firm, which creates, develops and delivers accessories for eReaders, smartphones and tablets, continues to attract new investors.

This time around, financing came from a number of existing investors, including Norwest Venture Partners, Triangle Peak Partners, Cross Creek Capital and Fung Capital, as well as two new investors.

Northbrooks Investments is a subsidiary of Singapore-based Temasek Holdings, which controls a 186 billion Singapore dollars (€103.5 billion) portfolio, while entrepreneur and venture capitalist J Christopher Burch also participated in the fund raising.

He is the co-founder of women’s fashion label Tory Burch and an investor in brands such as Voss mineral water and Color Vinetics.

According to Liam Casey, chief executive of PCH, the $30 million will be used to finance further growth.

“We will focus on enhancing our service offering for existing clients, as well as taking advantage of new opportunities in Asia and Europe,” he said.

“The capital will be used to support these opportunities and ensure even more robust growth in the future.”

Last month the firm opened an office in Seoul, South Korea, which will be used as a sourcing and supplier management centre, as well as allowing PCH to increase its focus on client relationships in the Korean market.

PCH is now present on four continents and has more than 1,200 employees, the majority of whom are based in China. In April, it reported a 170 per cent jump in revenues, up to $413 million, on the back of strong demand for eReaders and smartphones.