Ring The Liberties bell: Digital Hub adds 15 firms

The Digital Hub in Dublin’s Liberties has added 15 new firms, growing its cluster to more than 70 companies employing more than 700 people.

Billed as Ireland’s largest cluster of digital media, technology and internet businesses, it revealed a slew of new tenants, including: ALONE’s Housing Division, the organisers of the Body & Soul Festival, video training academy GoMotion, software developer Wattics and commodity trading company Greenspark Analytics are now taking up residency at the Dublin 8 based campus in The Liberties.

“2019 was a great year for The Digital Hub, with the addition of 15 new companies, comprising of both international and indigenous Irish businesses,” said Digital Hub CEO Fiach Mac Conghail.

“The growth and the successes of the various companies over the last year emphasise The Digital Hub as Ireland’s place to be. We are also very proud to welcome the charity ALONE’s Housing Division, Body&Soul, GoMotion, Wattics and Greenspark Analytics to our cluster this month.

“We have a great programme of activities and plans in place for 2020 to support our mission in developing a diverse and creative digital technology quarter in Dublin 8 that realises tangible social, economic and community benefits,” Mac Conghail said.

A healthy medtech sub-cluster

The Digital Hub is also enhancing its reputation as a location that is attracting a specific sub-cluster of Connected Health businesses that are going from strength to strength.

patientMpower, a digital healthcare company providing technology solutions for people living with long term lung and kidney disease illnesses, was announced winner of the Irish Government’s Disruptive Technologies Integration Fund alongside wearable technology innovators Sixty and leading research and academic institutions the Royal College of Surgeons in Ireland and Beaumont Hospital, Dublin. The €2.1 million ($2.3m) funding will enable development and eventual commercialisation of an artificial intelligence medical device which will enable patients requiring dialysis to be better managed in their own home.

Another significant health company based at The Digital Hub is medical device business Neuromod, whose Lenire device, fitted by an audiologist, is helping sufferers of tinnitus. Last year, the company successfully raised a further €8m, a mix of debt and equity, which will support the company’s international commercialisation plans.

2019 proved to be a successful year at The Digital Hub welcoming such companies as Campsited and Traction Guest. Campsited, a web service dedicated to helping people find the easiest way to book great holidays, who in 2019, saw revenues grow by 400pc and is on track to close its next round of funding of €1.5m, which is being led by Motley Fool Ventures from the US.

Traction Guest, a global leader in cloud-based solutions for enterprise visitor management, received a new round of funding, enjoyed a rapid increase in sales and employees, opened a Seattle office, and received numerous awards, including being named as one of the Forbes Rising Stars in the Cloud 100 list.

Written by John Kennedy (john.kennedy3@boi.com)

Published: 16 January, 2020