Security firm Netwatch is to create 85 jobs as part of a €20 million investment.
The company will seek to recruit talent in software and hardware engineering, marketing and digital marketing and sales engineering solutions over the next 12 months.
Sixty of these new positions will be based in their Irish headquarters in Carlow, while the remaining 25 will be in Netwatch’s offices in the US and UK. This will see Netwatch grow to over 250 employees.
The announcement follows a €20 million funding round supported by the Dept of Jobs, Enterprise & Innovation through Enterprise Ireland’s investment in the BDO Development Capital Fund.
“Following this boost in funding, Netwatch will now focus on investing in strategic areas of their business where they see huge potential,” said David Walsh, CEO, Netwatch.
“Technology has always been a key driver for Netwatch and our recent investments in graduates from in the computer vision and machine learning spaces allows us to create innovative video based solutions for specific clients’ needs, often moving beyond our security brief to implement innovative services in process control, manufacturing excellence and quality control.”
Netwatch monitors more than 42,000 security cameras at both commercial and residential sites across the globe from its communications hub in Carlow. The company currently deploys advanced video processing technologies to more than 3,200 businesses across the globe in retail, warehousing, logistics, multinational corporations, as well as large utility companies.
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