# Redmere Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/redmere-technology

- Industry: Electronics
- Headquarters: Ireland
- Website: www.redmere.com
- Total disclosed funding: $14M
- Latest round: Series B (Dec 9, 2009)
- Investors on record: 5

## About

Redmere Technology provides innovative digital solutions that enhance business operations through advanced web-based tools, enabling enterprises to optimize their online presence and connectivity effectively.Redmere Technology specializes in delivering digital solutions aimed at improving business connectivity and operations. The company has its headquarters in Ireland. In December 2009, it raised USD 5.6 mn in Series B funding led by Celtic House Venture Partners, with participation from EdgeStone Capital Partners and Enterprise Ireland. The founder's history is not detailed in the current data, and there are no references to any subsidiaries or prior company formations.Redmere Technology specializes in providing digital solutions that harness the potential of the internet to enhance business operations and connectivity. The company's core offerings include a range of web-based tools and resources designed to help businesses optimize their online presence, increase productivity, and expand market reach. Their services are particularly focused on assisting small to medium-sized enterprises (SMEs) in navigating the complexities of digital transformation across various sectors such as e-commerce and technology, with a global client base.The revenue model of Redmere Technology is primarily based on service subscriptions and partnerships that facilitate ongoing support and access to its digital tools. Clients engage through a subscription structure that allows them to choose from various tiers of service. This flexible approach enables long-term planning and scaling of services according to business needs, reflecting a commitment to fostering lasting client relationships centered on digital growth and market expansion.Looking ahead, Redmere Technology plans to utilize the recent funding of USD 5.6 mn raised in December 2009 to enhance its product offerings and expand into new markets. Although specific new products and their release dates are not mentioned, the company aims to strengthen its position in the market by introducing innovative digital solutions. Additionally, they are targeting geographic expansion, with plans to enter new regional markets, though specific locations and timelines have not been disclosed.

## Funding rounds

- Series B, Dec 9, 2009, $5.6M — EdgeStone Capital Partners, Celtic House Venture Partners, Enterprise Ireland, Enterprise Equity Venture Capital
- Series A, Oct 17, 2006, $8.2M — Celtic House Venture Partners, 4th Level Ventures, Enterprise Ireland, Enterprise Equity Venture Capital

## Investors

- Celtic House Venture Partners (https://capitalatlas.ai/funds/celtic-house-venture-partners) — Series A, Series B
- 4th Level Ventures (https://capitalatlas.ai/funds/4th-level-ventures) — Series A
- Enterprise Ireland (https://capitalatlas.ai/funds/enterprise-ireland) — Series A, Series B
- Enterprise Equity Venture Capital (https://capitalatlas.ai/funds/enterprise-equity-venture-capital) — Series A, Series B
- EdgeStone Capital Partners (https://capitalatlas.ai/funds/edgestone-capital-partners) — Series B