The Belfast biotechnology company raised the capital from investors including Co-fund NI, QUBIS, and the Halo Business Angel Network.
"It is exciting to be able to advance the commercial development of AMPLY Discovery thanks to the tremendous support of our investors and Queen’s University Belfast. The development of initial research in this domain started out almost a decade ago when I considered adopting AI and machine learning techniques I had worked with in financial markets for the computational biology domain."
The funding round was led by Furthr VC to support job creation and global growth.
"We are delighted to receive this funding from our investors, who share our excitement for the future of Ronspot. The team at Furthr VC have been working closely with us, offering valuable advice as we prepare for a period of rapid global growth."
The funding will support product development and international sales as the Belfast communications firm targets one million users.
"We are seeing organisations all over the world waking up to the strong business benefits of good employee comms. With the vast majority of people now carrying a smartphone, it makes an app the perfect way to connect with employees. We’ve designed the Thrive platform to be so easy to use that organisations can be up and running and improving the way they communicate and share information with employees in no time."