Irish firm Sedicii nets prestigious tech award
Ireland-based cybersecurity company Sedicii Innovations has been selected as one of the world's most promising technology pioneers at the World Economic Forum.
The firm, which has its headquarters in Waterford, was one of just 49 companies to be recognised with an award and one of only eight from Europe.
The company develops products that look to secure identity protection for technology users and reduce opportunities for identity theft.
Fulvia Montresor, head of Technology Pioneers at the World Economic Forum said: "We're glad to see an Irish company make it to the selection. Sedicii is part of a group of entrepreneurs who are more aware of the crucial challenges of the world around them, and who are determined to do their part to solve those challenges with their company."
The technology pioneers were selected from among hundreds of applicants by a selection committee of 68 academics, entrepreneurs and venture capitalists.
US and UK-based companies made up 80pc of awardees, which the World Economic Forum says points to a need for more venture capital and collaborative innovation in the EU.