Irish ecommerce technology company ChannelSight has raised $10 million (€8.85 million) to further develop its software-as-a-service (SaaS) platform and allow it to expand into more markets. ChannelSight allows brands to add “where to buy” buttons to their digital content to help generate sales by encouraging consumers towards online retailers where they can make purchases. Founded in 2013, ChannelSight is led by John Beckett, the man who helped develop Ryanair’s first website while still at school. Other participants included Spanish venture capital firm Nauta, Dublin-based Act Venture Capital and Enterprise Ireland, which all previously took part in a €3.3 million fundraise for ChannelSight in 2015. “We believe that ChannelSight is a truly exciting company with global ambitions and market defining potential,” said John Flynn, managing partner at Act Venture Capital.

Source: The Irish Times March 07, 2019 05:45 UTC