A week into an unsure new year, the news that 15 new jobs are to be created in 2010 by an Irish software company, is more than welcome.

TerminalFour, a leading web content management company, definitely timed the announcement of the €1.6m of equity funding it has secured, which will fund the new positions well.

The company currently employs 35 people and has its European headquarters in Amiens Street in Dublin. The new investment will see TerminalFour realise plans to increase its employee numbers from 35 to 50. These new positions will be across a number of areas including sales, pre-sales and customer service jobs in its Irish headquarters.

The cash injection will also accelerate TerminalFour’s growth strategy and will be used to finance the development of its partner network, sales force and research and development.
Piero Tintori, chief executive officer, TerminalFour, said, “We’re an Irish software company with a large client base of blue chip companies throughout Ireland, the UK and Europe. We decided to raise equity funding to provide us with the platform and strength to develop our interest in the US market. Given our very strong position, this investment gives TerminalFour the platform to capitalise on the growing international opportunities.”

The investment was led by the Ulster Bank Diageo Venture Fund, managed by NCB Ventures, with investment also provided by the AIB Seed Capital Fund, managed by the Dublin Business Innovation Centre, and with grant aid from Enterprise Ireland.