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RDJ Advises Cork Photonics Firm on €9.6m Fundraising

11th May 2006

Ronan Daly Jermyn recently acted as legal adviser to Cork company Firecomms on its €9.6 million funding round.

The company is hiring researchers, engineering and marketing staff in Ireland and is also expanding its sales teams in the United States and Asia.

Adrian Wall headed up the RDJ team while the investment was led by ACT Venture Capital in Dublin and included participation from Abven and Alps North America.

The company’s technology is used to deliver data rapidly and cheaply over plastic fibre optic cable. That can allow data to move between consumer electronics devices located some distance apart, such as televisions, set-top boxes and DVD players.

 

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