Loading organizations...
Key people at IIU.
IIU was founded in 1997 by Dermot Fachtna Desmond (Founder).
Isles International University (IIU) operates as an unaccredited online institution based in Ireland, offering various degrees primarily to overseas students seeking internationally recognized credentials. The university, which lacks a physical campus in Ireland, claims to provide Irish qualification recognition through partnerships with unspecified institutions abroad, targeting individuals globally. Its business model relies on charging fees to its international student base for these online programs, though specific funding details or student numbers are not publicly disclosed. IIU has faced significant scrutiny, notably being described as a "bogus university" by The Irish Times in April 2018 and identified as an "international education scam" in a 2008 BBC investigation. An executive president, described as a Malaysian businessman or professor, has been associated with the entity, which was established in 1996; its founders are not publicly known.
Key people at IIU.
IIU was founded in 1997 by Dermot Fachtna Desmond (Founder).
IIU has 2 tracked investments across 2 companies. The latest tracked deal is $3.0M Seed in Vela Games in April 2020.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 1, 2020 | Vela Games | $3.0M Seed | London Venture Partners | — |
| May 22, 2014 | Youdio | $6.8M Series A | Barry Maloney, IIU | — |