Investors
Socowave raised its initial capital from private investors and Enterprise Ireland. It recently secured Series A funding from Balderton Capital and it is fully funded to meet its current plans.
The global devices manufacturer made a minor investment in Socowave in February 2011, this investment was also supported by a technology cooperation agreement.
Balderton Capital is one of the largest venture capital funds in Europe, and that means it is better positioned to support companies for longer, with stronger resources. Balderton's aim is to help build long-lasting, great companies. They look for genuine innovation that creates sustainable, profitable companies.
Enterprise Ireland is the Government agency in Ireland responsible for supporting Irish businesses in the manufacturing and internationally traded service sectors. Specifically, Enterprise Ireland helps businesses to start-up, innovate and ultimately, to achieve global success.