Irish sovereign fund invests in online sales platform

first_imgIreland’s sovereign development fund has joined a $50m (€46.9m) equity raise by sales platform, which will see the creation of 120 jobs in the country.In addition to funding from the €8.1bn Ireland Strategic Investment Fund (ISIF), the website also attracted support from Microsoft and existing venture capital investors as part of the latest round of fundraising, which brings its total capital to $250m.In a statement, InsideSales said its long-term goal was to create a centre of excellence for artificial intelligence (AI) and machine learning in Ireland, with plans to hire 120 staff across product development, engineering and sales once a suitable location for the office is decided on.Eugene O’Callaghan, the ISIF’s director, said the fund was pleased to welcome InsideSales to Ireland’s “flourishing” technology community. O’Callaghan added: “This investment is well aligned with the ISIF’s mandate, with the key benefits to the Irish economy being the targeted creation of more than 120 high-quality jobs over the next three years.”’s chief executive Dave Elkington underlined the firm’s commitment to opening an office in Ireland, stressing that the AI technology at the heart of the sales platform would be unique among Ireland’s technology companies.“We’re not only looking to hire some of Ireland’s best and brightest technology graduates,” said Elkington, “but also to help build a new, highly skilled industry in the region.”The creation of jobs is but one of the metrics employed by the ISIF to measure how successfully its investments are at stimulating Irish economic growth.In an upcoming issue of IPE, O’Callaghan said the fund had recently begun expanding its impact metrics beyond measuring job creation to be “a bit more verbal, a bit more qualitative, a bit more case-study driven”.Its most recent economic impact report, covering the six months to June 2016, estimated that nearly 19,000 jobs had been created through the ISIF’s activities but also that the jobs created paid employees €657m in wages last year.For more on the ISIF’s investment strategy, see our interview with Eugene O’Callaghan in the February issue of IPElast_img read more

Carla tops it up to four

first_imgCarla Bianca completed a four-timer with a hard-fought triumph in the Xtravision & HMV Supporting Irish Autism Action Dance Design Fillies Stakes at the Curragh. Weld said: “That’s four now back-to-back for this filly. She was slow in the spring to get going, but has progressed with every run and it was a nice performance today. “The Blandford is a possibility for her and the faster the ground, the better for her. “I thought nine furlongs was her correct trip, but the way she came home today pleased me most of all because she has a lot of pace. I liked the way she came home in the last half-furlong.” Sretaw ended a remarkable run of six seconds in terrific style by taking the 21-runner Irish Stallion Farms EBF Irish Cambridgeshire. There were lots in with a chance as things changed rapidly in the final furlong in what proved a rough finish, but Wayne Lordan galvanised Gavin Cromwell’s five-year-old (11-1) to land the premier handicap with a strong burst down the outside. Vastonea (16-1) was half a length away in second with the 4-1 favourite Hasanour third and Maggie Dalton (25-1) fourth, while Warbird was the principal sufferer in scrimmaging down the centre of the track. “We were very hopeful. She’s been second six times in a row and deserved this,” said owner Eamon Waters. “She’s been running to her handicap mark all the time and kept going up, but in fairness to her she kept improving. “I bred her and bought the mare for small money. It’s nearly like a dream and I’m afraid I’ll wake up. She’s entered at Leopardstown on September 14 but it’s up to Gavin where she goes.” Press Associationcenter_img The Dermot Weld-trained filly, wearing the Moyglare Stud colours carried to victory by Dance Design in the 1996 Irish Oaks, continued her progression to land Group Three honours over nine furlongs. Alive Alive Oh led two furlongs out travelling sweetly, but the 5-4 favourite dug deep under Pat Smullen to assert in the closing stages, and then held Pearl Of Africa by a length. last_img read more

Syracuse discusses importance of tiebreakers after playing 17 through first 8 matches

first_img Published on February 25, 2015 at 12:02 am Contact Kevin: Facebook Twitter Google+ Rhiann Newborn believes the way players perform in tiebreakers correlates with their state of mind going in.She’ll walk around the back of the court bouncing up and down. She tries to keep an aggressive mindset.“It just depends on how mentally focused you are,” said Newborn, SU’s most successful singles player, “how mentally you’re ready for the tiebreak.”Through the first eight matches of the season, Syracuse (5-3) has found itself in 17 tiebreakers, both in singles and doubles play, and it has a 10-7 record in such situations. Last season through eight matches, the Orange had only played in seven tiebreaks. They are a crucial part of the game and they can be mentally difficult.Tiebreakers — which determine the winner of tight sets — require a certain level of mental toughness from the players involved.AdvertisementThis is placeholder text“Obviously it’s a big part of the set,” Syracuse head coach Limam said. “Whoever wins that tiebreaker is going to end up having that little bit of momentum after that.”When senior Amanda Rodgers faced off against then-No. 60 singles player Jessica Wacnik on Boston College on Feb. 14, she played the match tight, but lost two tiebreak sets — and the match — 7-6, 7-6.Rodgers – who has played in four tiebreakers on the season — said she treats the short contests as new sets and forgets about everything that happened previously in the set.“I just kind of try to free my mind,” Rodgers said, “and I have a certain confidence just because I know how hard I work and I know that I work harder than my opponent, so I know that I could prevail.”And the mental aspect of tiebreakers doesn’t end when one player emerges victoriously. Rodgers said that winning and losing tiebreakers are not only the difference between winning and losing a set; there are also major effects on a player’s mental state going forward in the match if it occurs in the first set.“It’s really hard to bounce back from losing a tiebreaker,” Rodgers said. “I think that’s one of the hardest things in a match.”The mental effects of tiebreaker, both positive and negative, show in Rodgers’ scores this year. She has played two first-set tiebreaks in singles matches, and the outcomes of both of them have been identical to those at the end of the matches.In every tiebreaker for a singles player for Syracuse this season, a win has resulted in a win for the match. And conversely, a loss in the tiebreak has resulted in the player losing the match.It’s an aspect of the game that can make or break a player or a team and Limam knows its importance.Said Limam: “And one of the things we’ve been reminding the girls of is just having the clear vision and just committing to their shots and trusting their shots and playing their game during those moments and not focusing too much on the outcome or what the score is.” Commentslast_img read more