Dublin-based betting technology startup Banach Technology (BT) has secured some €2.2 million ($2.56 million) in enterprise funding to help expand its product development services.

BT announced that its funding round had been “significantly oversubscribed,” thanks to the generous backers who decided to punt on the company. These investors include Paddy Power co-founders David Power and Stewart Kenny, who reportedly invested some €200,000 ($232,738) and €100,000 ($116,369) in BT, respectively.

Other ex-Paddy Power executives who made a big bet on BT were former chief executive Patrick Kennedy, former chief financial officer Cormac McCarthy, and Cormac Barry, who ran the Australian division of Paddy Power until early 2018.

BT Managing Director Rob Reck said the funds they raised will be used to expand its product development services as well as hire more staff members—mostly quant mathematicians, software engineers, and product development specialists.