AQMetrics to expand into US


The Sunday Times published an article on aqmetrics 2016 funding round on the 21 February 2016, noting:

AQMETRICS, a software company that helps investment managers meet Central Bank reporting guidelines, has raised $3.25m (€2.9m) from Frontline Ventures, Bluff Point Associates, and Enterprise Ireland.

The company, which was founded by Geraldine Gibson three years ago, is planning to hire 30 new staff and open an office in New York, where demand for its software has been growing rapidly.

“The product we have delivered into Europe is suitable for the US marketplace and is a solution that has been proven to work,” said Gibson. US funds using the software in Europe encouraged Gibson to bring the software across the Atlantic.

“The reason for taking the funding is so we can achieve scale in the US,” she said.

Gibson established her company after a career working in the financial and technology sectors.

See Vincent Ryan’s article on aqmetrics funding round in the Sunday Times on 21 February 2016 here.