A Dublin-based software development company Ideal Binary has raised €750k in revenue to develop their business and products. This success has come through the success of their PopIris engine.
Had a look at their products myself, they really do look quite amazing.
Read more below
http://www.siliconrepublic.com/start-ups/item/24470-fairy-tale-comes-true-as/
In other news
A competitor to facebook, diaspora has lost one of its co-founders at the age of 21.
http://news.cnet.com/8301-1001_3-57323852-92/diaspora-co-founder-dies-at-21-report-says/?part=rss&subj=latest-news&tag=title

Good to hear of Irish success stories these days!
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