Irish tech firm announces $4m investment

Irish-based internet firm Weedle has received $4 million in funding to expand its social media platform in the US and other regions…

Irish-based internet firm Weedle has received $4 million in funding to expand its social media platform in the US and other regions, it said today.

The company, which that allows people to connect with others with specific skills, is backed by Irish entrepreneurs Dr Michael Smurfit and Iain MacDonald, who co-founded the company. It is also receiving support from Enterprise Ireland.

The funding was announced during an Enterprise Ireland-supported trade mission to the US, led by Taoiseach Brian Cowen.

"Weedle is a leading-edge high-tech company developing as part of Ireland's knowledge economy," said Mr Cowen. "Weedle's internet platform is a shining example of world class research and development being used to create innovative technology with global reach and appeal."

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Ciara O'Brien

Ciara O'Brien

Ciara O'Brien is an Irish Times business and technology journalist