Kitman Labs in Dun Laoghaire will create 24 jobs, it has been revealed this week.
This is due to the scientific technology company, which specialises in athlete management systems, raising €475,000 in a combination of private investment and matched funding from the Department of Jobs, Enterprise and Innovation through Enterprise Ireland’s iHPSU (Innovative High Growth Potential Start Up) fund.
The jobs will be based in the Kitman Labs’ head office on the Dun Laoghaire Institute of Art, Design and Technology’s (IADT) campus.
They will be created over the next three years, as the company expands its operations into the British market.
Through the creation of Injury Profiler, Kitman Labs has developed a groundbreaking system which successfully highlights, manages and reduces the occurrence of injuries in professional sport.
Funded initially through Enterprise Ireland’s Competitive Startup Funding, Kitman Labs’ private investors also include Irish Rugby captain Jamie Heaslip, two-time Heineken Cup winner Kevin McLaughlin and Barry Maloney, of Balderton Capital.
Welcoming the announcement, Minister for Jobs, Enterprise and Innovation Richard Bruton said: “Here is an Irish company which, with the support of my department and Enterprise Ireland in particular, is developing innovative products, pursuing new markets, and creating new jobs.”
Chief executive of Kitman Labs Iarfhlaith Kelly said: “This investment provides us with the perfect opportunity to launch our athlete management system into Britain. Due to our success in the Irish market, the additional funds raised through private investors and Enterprise Ireland will allow us to continue to develop this innovative technology and create additional products for the most challenging areas of professional sport.
“Starting immediately, we have positions in software engineering and sports science and are currently recruiting to fill these roles. As the company continues to develop, we will also be creating roles in statistics and customer relations.”
Tanaiste and Minister for Foreign Affairs and Trade Eamon Gilmore, who was among those who welcomed this week’s announcement, said: “I am delighted to see Kitman Labs creating new jobs and expanding their enterprise, especially as their head office is based at the Dun Laoghaire [campus]. Assisted by Enterprise Ireland’s Competitive Startup Funding, Kitman Labs have been creating innovative products in an exciting area and this planned expansion and pursuit of new markets has to be seen as very positive news.”
Cllr Cormac Devlin (FF) welcomed the jobs announcement saying: “I welcome the jobs announcement. It’s great news; especially for that part of the county which has seen a great amount of job announcements over the last 12 months due to the Pottery Road development [pharmaceutical company, Amgen’s expansion]. It’s a very good news story for the county as a whole and I welcome it.”