In our Ones to Watch section, we highlight some of the top movers and shakers. This week we feature Corrata.
What is it?
Who’s behind it?
Brendan McDonagh, Founder and Chairman is joined by Colm Healy, CEO. Prior to their work at Corrata, Brendan was co-founder and CEO of Arantech where he built a world-class management team and through them developed and grew the company to be the market leader in providing Customer Experience Management solutions to Mobile Network Operators worldwide. Arantech was acquired by Tektronix Communications (now part of Netscout) in April 2009. Colm was co-founder and CEO of machine learning startup Xiam Technologies. Xiam was acquired by Qualcomm, the world’s leading mobile technology company in 2008. For five years following the acquisition, Colm lead Qualcomm’s European services business where he was responsible for winning significant deals with Europe’s largest mobile service providers.
How is it funded?
Corrata has raised €1.3m through a financing round lead by leading European venture fund Delta Partners. A number of angel investors also participated in the round. Corrata has developed a breakthrough technology for protecting smartphones and tablets from cyber attacks.