Weedle secures US$4m funding for US growth

15 Mar 2010

An Irish-based internet company today announced it has received funding of US$4m to expand its social-media platform in the US and other global regions.

Weedle combines developments in social media and semantic web technologies with its own search and social graph algorithm to create an internet platform aimed at facilitating increased demand for skills and employment in the US and globally. 

The announcement was made during an Enterprise Ireland-supported trade and investment mission to the US led by Taoiseach Brian Cowen.  

Weedle’s investors include well-known Irish business entrepreneurs Dr Michael Smurfit and Weedle co-founder and CEO Iain MacDonald, as well as Enterprise Ireland.

“Weedle is a leading-edge high-tech company developing as part of Ireland’s knowledge economy,” Cowen said. “Weedle’s internet platform is a shining example of world class R&D being used to create innovative technology with global reach and appeal.”

“The Weedle platform delivers a fundamentally more effective way of connecting people with skills to those who need them,” said Weedle CEO MacDonald. “You can use Weedle to easily connect with people who need your skills and find people who have the expertise you need.” 

Photo: Weedle CEO Iain MacDonald

Article courtesy of Businessandleadership.com