International Irish tech company Diona is to recruit 40 new staff in high value jobs spanning software engineering to global business support as part of a US$5m investment.
The Dublin company’s expansion is supported by the Department of Jobs, Enterprise and Innovation through Enterprise Ireland.
Already employing over 90 people with 2013 revenues of €6m the new workers will be recruited over the next 12 to 18 months.
Today’s announcement is testament to the thriving technology sector in Ireland and the work that has been done to boost the country’s reputation as a vibrant, innovative location from which to do business,” Jobs Minister Richard Bruton said.
Diona was founded in 2012 by Dublin-born Graham Stubbs, Anil Singaraju and John Polakowski.
Headquartered in Ireland with offices in India, the UK, Germany, USA, Canada, Dubai and New Zealand, Diona provides innovative mobility solutions and services to global government health and human services agencies.
Diona recently secured a US$5.5m investment from the Ulster Bank Diageo venture fund, managed by Investec Ventures with co-investment from ACT Venture Capital.
A self-reinforcing culture of tech innovation
“Working in the technology sector in the San Francisco Bay Area during the 90s, I was impressed by the self-reinforcing culture of technology innovation and mutual support among the tech companies,” Diona CEO Graham Stubbs said.
“Silicon Valley had a great buzz and people built incredible things that have changed all of our lives. Today I see signs of the same culture developing here.
“Working with our employees and business partners and watching what's happening near our offices, right on the edge of ‘Silicon Docks’ in Dublin, you can feel a technology innovation culture taking hold. New ideas and attitudes are taking over and Diona is taking advantage of that innovative thinking through local partnerships.
“Ireland Inc. is doing a fantastic job of cultivating the business and investment environment necessary for tech companies to start and grow, and Dublin is turning into a true technology epicentre.
“In the current climate, I can think of no better and more interesting place to start a business than in Ireland,” Stubbs added.