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Over the years Lero research has been responsible for the creation of a number of successful spin-out companies, such as Nova Leah, and LogEntries.
Nova Leah, a DKIT start-up, is leading the field globally in the development of technology to prevent defribulator, pacemakers and other connected medical devices from being maliciously hacked. Launched in 2016 the company employing 20 people, are creates an intelligent cyber-security risk-assessment management tool for medical devices. The company is currently providing its SelectEvidence application to large US medical device companies. Nova Leah is an Enterprise Ireland HPSU and has recently received €2,25 million VC funding. In 2017, Nova Leah won several national awards including Startup Company of the Year and Emerging Technology Startup Company of the Year. Nova Leah was also successful in winning 2 DTIF funding awards, one as a lead partner and the other as a consortium member.
Based on Lero UCD research with IBM, LogEntries, is a company that that was co-founded in 2010 by Dr Trevor Parsons and Dr Viliam Holub as a spin-out from UCD’s Performance Engineering Laboratory in the UCD School of Computer Science. The company currently employs 70 people and develops platforms that analyse systems logs. The company was acquired by Rapid7 for $68m dollars in 2016.