Dublin-based software firm Edgescan has received a €10.5m investment from the BGF investment vehicle that’s backed by the Ireland Strategic Investment Fund, AIB, Bank of Ireland and Ulster Bank. The investment gives BGF a minority stake in Edgescan, a leading cybersecurity business. Mr Waldron is also investing in the business alongside BGF. “We have ambitious plans to aggressively grow Edgescan with a focus on opportunities in North America, the UK and Europe,” said Mr Keary. The investment by BGF marks the fourth by the vehicle in an Irish business in the past 17 months.

Source: Irish Independent June 07, 2020 12:22 UTC