Blueface rings up €1m R&D investment

Trade

11 January 2012

Cloud telephony company Blueface has announced a €1 million investment in research and development. The initiative is being part-funded by Enterprise Ireland’s R&D Fund and will create 12 jobs.

Alan Foy, CEO, Blueface said: "Our new R&D programme will assist us to enhance our product portfolio, create sustainable jobs and to continue to generate and develop innovative telephony solutions for our customer base in Ireland and the UK. Enterprise Ireland’s support for this initiative will directly help us to achieve those aims, underpinning our business growth both here and abroad."

Minister for Jobs, Enterprise and Innovation Richard Bruton said: "Initiatives such as this one by Blueface are exactly what is required if we are to achieve the levels of growth and employment that is needed to rebuild the economy and get jobs growing again. I congratulate the company and all those involved in an undertaking that will progress the company to the cutting edge of their sector. Enterprise Ireland’s R&D Fund provides support to Irish companies and it is my intention to continue to encourage the development of indigenous Irish firms through Innovation investment. In this way we can build up a portfolio of internationally successful and competitive Irish business that will contribute to the future of the economy".

TechCentral Reporters

Pictured (l-r): Frank Ryan, CEO, Enterprise Ireland; Minister for Jobs, Enterprise and Innovation Richard Bruton; Alan Foy, CEO, Blueface

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