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DisplayNote builds products designed to make it easier for people to present, share, connect and collaborate in real-time across large-format displays, desktop and mobile devices

DisplayNote builds products designed to make it easier for people to present, share, connect and collaborate in real-time across large-format displays, desktop and mobile devices

DisplayNote builds products designed to make it easier for people to present, share, connect and collaborate in real-time across large-format displays, desktop and mobile devices

A Belfast tech company working with some of the world's largest digital display manufacturers has received a £1m venture capital injection.

DisplayNote, which employs 24 people, builds products designed to make it easier for people to present, share, connect and collaborate in real-time across large-format displays, desktop and mobile devices.

The firm already works with major businesses like NEC, BENQ and Sahara, and its products are available in 22 languages with global sales to date of almost one million devices incorporating Displaynote's software products.

Kernel Capital, through the Bank of Ireland Kernel Capital Growth Fund, has funded the company to the tune of £1m.

Investing exclusively in ICT, Kernel Capital was established in 2001 and raised further funds in 2003, 2007, 2009 and 2013.

The Bank of Ireland Kernel Capital Growth Fund has investment teams based in Belfast, Cork and Dublin, and the funding will enable DisplayNote to launch new products at the influential Web Summit in Dublin next month.

Paul Brown, chief executive of DisplayNote, said that the investment would help accelerate the product roll-out.

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"Having access to the technology and market expertise within Kernel Capital working closely with their team, we look forward to the hands-on support they will bring to DisplayNote as we scale the company over the coming years." he said.

Dr Daniel McCaughan, partner at Kernel Capital, added: "We are excited about the potential of this company, and pleased to be part of the DisplayNote team as it builds on its early success to become a substantial player in the global mobile collaboration market."

Other Northern Ireland companies taking part in the Web Summit will include Uni Baggage Ltd, Analytics Engines, Pulsate, Bottletop Media and AirPOS Ltd.

Described as "the best technology conference on the planet", the Web Summit includes speakers from Fortune 500 companies to some of the world's top start-ups.


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