Kaseya to create 130 jobs following ISIF investment
15 November 2017 | 0
Kaseya, a provider IT management solutions to support managed service providers and midmarket enterprises, is to create 130 jobs in Ireland following a €19 million investment by the Ireland Strategic Investment Fund (ISIF).
The company, which operates in 20 countries, currently employs 30 people in Dublin.
Fergal McAleavey, head of private equity, ISIF, said: “This investment promises a significant economic impact. It will bring high-quality software jobs and further cement Ireland as the destination of choice for global software companies seeking an EU presence.
“We are confident that Kaseya will deliver a strong commercial return on our investment to complement our economic impact objectives. This transaction further strengthens our excellent relationship with Insight, one of the world’s biggest software investors.”
Fred Voccola, CEO, Kaseya, said: “We are delighted to continue to grow our Irish presence and to team up with ISIF as an investment partner. Ireland is a great place to continue to develop our industry-leading software solutions. Our contribution to Ireland’s vibrant, dynamic software sector will help to bolster the country’s growing reputation as an IT leader, while creating significant additional value for our investors”.
Kaseya has also annouced an internship pgogramme developed with third level universities and institutes of technology.