Carlow security company Netwatch plans to create 85 jobs over the next 12 months following a funding round led by BDO Development Capital Fund, where state agency Enterprise Ireland is one of the investors.

Netwatch says it will will recruit in areas such as software and hardware engineering, marketing and digital marketing and sales engineering solutions. Sixty of the new positions will be in their headquarters in Carlow, while the remaining 25 will be in Netwatch’s offices in the US and UK.

Netwatch says it has grown by 35% in the past year, and has further plans for expansion in Ireland, the US and new markets in the UK, and its plans tie in with its 2020 vision, which encompasses international expansion and innovation to improve technology solutions, and strategic funding for new projects.

CEO David Walsh (pictured) said: “Following this boost in funding, Netwatch will now focus on investing in strategic areas of the business. Technology has always been a key driver for Netwatch, and our recent investment in graduates from the computer vision and machine learning spaces allows us to create innovative video-based solutions for specific client needs, often moving beyond our security brief to implement innovative services in process control, manufacturing excellence and quality control.

“In the middle of the recession, we focused on research and development and expanding the business internationally. Both the employee expansion and funding announcement is validation of that decision and also lays the ground work for the next two years of growth and development. We see a lot of untapped potential in the US which we will now be able to fully take advantage of.”

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Netwatch monitors 42,000 security cameras at commercial and residential sites across the globe from its communications hub in Carlow. The company provides advanced video processing to more than 3,200 businesses in retail, warehousing, logistics, and multinationals, as well as large utility companies.