Peter Burke TD, Minister for Enterprise, Trade and Employment in Ireland, announced that Binarii Labs, a data security solution developer, has secured an investment of €400,000 from Enterprise Ireland in High Potential Start-Up (HPSU) match funding, bringing to €3 million the total raised by the company to date.
The company, which was founded in 2021, has also announced that it plans to create over 100 new jobs in Ireland by 2027, and has already created over 20 new roles in recent months. The new jobs will include roles in specialist deep tech research and development, data security, tech and customer support, marketing and business development.
With the funding raised to date and the planned new jobs, Binarii Labs, headquartered at NovaUCD in Dublin, is focused on growing the international market for BinariiDSP, the company’s proprietary and patented data security platform.
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