Sonru funding reaches €1m, ready to go global
The maker of an award-winning automated video-interviewing tool, Sonru, has raised an additional €662,000 in a new funding round to internationalise its technology. This brings total funding so far to €1m.
Total funding at the company now stands at €1,084,000.
Sonru is a high-growth company based in Enniscorthy, Co Wexford, that has raised equity funding of €662,500 from Enterprise Ireland and a number of private investors.
Sonru.com, a HPSU client of Enterprise Ireland, will use the funding to further develop its award-winning automated video interview tool and to expand its export markets.
Sonru.com employs six people in its headquarters in Enniscorthy and two contractors who work remotely. The company is currently on a recruitment drive.
“This latest funding round is a very significant milestone in the development of Sonru.com and will facilitate our expansion into the UK, a market we envisage being a key adopter of our technology, providing opportunities for both further product development and increased revenues,” said Fergal O’Byrne, CEO of Sonru.
The year 2010 has been something of a golden year for Sonru.
The company signed a reseller agreement with the SaonGroup.com, which is now reselling the tool via its job boards in Ireland (Irishjobs.ie, Jobs.ie), Northern Ireland (NIJobs.com), the UK (myjobgroup.co.uk) and most recently in India (myJobsinPune.com).
Sonru.com has also won a spate of awards, including being listed as one of the top 50 technology companies in the world in 2010.