The Sonru Blog
Sonru complete funding round totaling over €1m to internationalize (Press Release)
Sonru is pleased to announce that it has closed an investment round bringing its total in funding, prizes and grants to over €1,084,000. A high growth company based in Enniscorthy, Sonru raised equity funding of €662,500 from Enterprise Ireland and a number of private investors. Sonru.com, a HPSU client of Enterprise Ireland, will use the funding to further develop its award winning automated video interview tool and to expand its export markets.
L-R: Ed Hendrick Founder, Fergal O'Byrne CEO, Maiken O'Byrne International Sales Manager, Shane Barron Technical Services Engineer, Joy Redmond Marketing & Communications Manager, Chris Horan, CTO
Sonru employs six people in their Headquarters in Enniscorthy and two contractors who work remotely. The company is currently on a recruitment drive.
Commenting on the announcement, Fergal O’ Byrne, CEO of Sonru, said:“this latest funding round is a very significant milestone in the development of Sonru.com, and will facilitate our expansion into the UK, a market we envisage being a key adopter of our technology, providing opportunities for both further product development and increased revenues."
2010 has been something of a golden year for this innovative video technology company having signed a Reseller Agreement with the SaonGroup.com which is now reselling the tool via their job boards in Ireland (Irishjobs.ie, Jobs.ie), Northern Ireland (NIJobs.com), the U.K. (myjobgroup.co.uk) and most recently in India (myJobsinPune.com). Sonru.com have also won a spate of awards including being listed as one of the Top 50 Technology companies in the World in 2010.
Nov 2010 Outstanding Small Business Award Waterford 3 Awards
Nov 2010 Connaught/Leinster Regional Winner Seedcorn Competition
June 2010 New Business of the Year at the Wexford Business Awards
May 2010 Irish Internet Association Net Visionary 'Innovation Award'
Apr 2010 Enterprise Ireland iGap 'Best of Breed'
Mar 2010 Innovate!100 Pitch Slam Dublin
Mar 2010 Bank of Ireland Bright Ideas Challenge Grand Final
Jan 2010 Irish Recruiters Hat Tip Award
For more information:
Notes to Editors
Sonru is an award winning video technology company based in the South East of Ireland. The name Sonru stems from the Irish phrase “Bí le sonrú” which means to “stand out” and their flagship product – the automated video interview tool enables interviewees to do just that. Their automated video interview tool has applications within the Recruitment, Education, Training and CRM sectors. Sonru was founded by Ed Hendrick, a Wexford based entrepreneur who spotted an opportunity to save people time and money during the interview process.
Posted to Press Releases, on December 19 2010.
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