Danalto, a CONNECT spin-out from Trinity College Dublin, has received €1 million in angel funding.
Danalto, founded in 2017 by David McDonald, Tom Farrell and Albert Baker, is an Internet of Things (IoT) software platform provider.
Danalto is one of CONNECT’s five spin-out companies, which currently employ 41 people with plans to hire 14 additional staff members in 2021.
Read more about the announcement in The Irish Times.