Mark O'Brien, commercial branch manager, Belfast City Branch, Bank of Ireland; Paul Brown, CEO, DisplayNote; Andy Bell, CTO, DisplayNote; and Dr Daniel McCaughan, CTO, Kernel Capital
Belfast-based DisplayNote Technologies, a builder of software that enables real-time collaboration across all devices, has raised €1.25m in Series A funding from the Bank of Ireland Kernel Capital Venture Fund.
DisplayNote builds technologies that are designed to make it easier for people to present, share, connect and collaborate in real-time across large-format displays, desktop and mobile devices.
With a current team of 24 people, this investment will enable further growth in employment.
The company has partnred with some of the world’s largest manufacturers of display technology including NEC, BENQ and Sahara. DisplayNote’s products are now available in 22 languages, distributed globally and there are sales to date of almost 1 million devices incorporating Displaynote’s software products.
“DisplayNote recognised early that connecting presenters and participants and enabling collaboration through mobile devices and presentation media offered unique advantages, and they built a new platform functionally rich by comparison with competing solutions,” said Dr Daniel McCaughan, partner, Kernel Capital.
“With a clearly defined technical roadmap incorporating new features requested by their customers and novel innovations that will extend their market penetration, DisplayNote, with its broad initial customer base is already recognised as an important player.
