Over 130 new jobs are being created by five companies in Dublin and Galway.
The IDA-backed investments are in the areas of IT, life sciences and financial services.
The companies involved are New Relic, SEKO MedTec Solultions, NeoMed, CapSpire and Starting Dot.
Jobs Minister Richard Bruton says the plan is that these companies will establish deep roots in Ireland from early in their growth and make a 'substantial impact' on our economy.