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16/12/2013
BragBet To Expand Its Operations In NI
Dublin based social media company BragBet has confirmed it is to expand its operations in Northern Ireland, creating nine new high quality, knowledge based posts, with support from Invest Northern Ireland.
BragBet has secured £287,000 to support the expansion, which includes £200,000 from the Invest Growth Fund, managed by Venture Capital firm ESynergy, on behalf of Invest NI. Bragbet has also been offered £87,000 towards the creation of the nine jobs by Invest NI.
BragBet, which is available on desktop and mobile, is the world’s first team betting service. BragBet leverages social media, human relationships and a passion for sports in a truly interactive product, which has proven to be a huge success with sports fans since its launch in April of this year.
BragBet were recently appointed the Official Betting Partner of the Football Association of Ireland and has developed a number of strategic alliances with sporting associations and media businesses, in their bid to disrupt some of the marketing conventions within the fast growing social gaming sector.
Phil Riordan, CEO of BragBet said: "We are delighted to announce our expansion in Northern Ireland. In reviewing the potential locations, Belfast stood out because of the strong software base, a pro start-up business environment and the availability of the specific mobile skills we require to grow our business. This, combined with an attractive package of financial support, made Northern Ireland the most attractive option for us. We look forward to working closely with Invest NI and ESynergy over the coming months and years."
(CD/MH)
BragBet has secured £287,000 to support the expansion, which includes £200,000 from the Invest Growth Fund, managed by Venture Capital firm ESynergy, on behalf of Invest NI. Bragbet has also been offered £87,000 towards the creation of the nine jobs by Invest NI.
BragBet, which is available on desktop and mobile, is the world’s first team betting service. BragBet leverages social media, human relationships and a passion for sports in a truly interactive product, which has proven to be a huge success with sports fans since its launch in April of this year.
BragBet were recently appointed the Official Betting Partner of the Football Association of Ireland and has developed a number of strategic alliances with sporting associations and media businesses, in their bid to disrupt some of the marketing conventions within the fast growing social gaming sector.
Phil Riordan, CEO of BragBet said: "We are delighted to announce our expansion in Northern Ireland. In reviewing the potential locations, Belfast stood out because of the strong software base, a pro start-up business environment and the availability of the specific mobile skills we require to grow our business. This, combined with an attractive package of financial support, made Northern Ireland the most attractive option for us. We look forward to working closely with Invest NI and ESynergy over the coming months and years."
(CD/MH)
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Northern Ireland WeatherThis Evening and Tonight:Quite cloudy across all counties at first but a few late sunny spells most likely towards Down and Antrim. Clearer skes becoming more widespread later this evening and overnight. Minimum temperature 5 °C.
