Irish cybersecurity firm valued at €42.7m after listing in London

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Irish cybersecurity firm valued at €42.7m after listing in London
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Cork-based company founded by Ronan Murphy in 2008 and now led by Raluca Saceanu said they plan to continue growth both organically and, if appropriate, through complementary acquisitions in a highly fragmented global cybersecurity market

Smarttech247, a Cork-based cybersecurity company, has been admitted to London’s Alternative Investment Market after raising £3.67 million in a placing that gives the firm a market capitalisation of £36.8 million .

The company was admitted to the exchange on Thursday after placing 12,385,828 new ordinary shares at 29.66 pence per share. Founded by Ronan Murphy in 2008, and now led by Raluca Saceanu, Smarttech247 services target proactive prevention for clients ...

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