Carlow County Council welcomes Netwatch expansion creating 85 new jobs

Carlow County Council welcomes Netwatch expansion creating 85 new jobs

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Digital security specialist Netwatch is to create 85 new jobs over the next year in areas that include software development, digital marketing, engineering and sales. The jobs announcement comes on the heels of the company raising €19.5m in a funding round via the Irish Government-supported BDO Development Capital Fund.

The company was founded in 2003 in Carlow by David Walsh and Niall Kelly. With offices in Newry, and a new office under construction in Boston, Netwatch protects customers across industries including retail, logistics, warehousing, automotive, construction, hardware, manufacturing, utilities and the public sector. The new jobs will bring employment at Netwatch to over 250 people in Carlow, the US and the UK.

Netwatch’s technology monitors in excess of 42,000 security cameras across the globe and the company deploys video processing technologies to more than 3,200 businesses including retail, warehouses, logistics, multinationals and utility companies. Its technology has prevented more than 40,000 crimes worldwide.

David Walsh, CEO Netwatch said “What we are doing is very disruptive to the traditional security industry and we have developed a unique technology that lets us target new industry opportunities. We are focused on building an organisation that will double in size over the next three years”.

Speaking about the expansion Dan McInerney, Acting Chief Executive, Carlow County Council said “It is great to see the development and growth of a Carlow-based company which is going from strength to strength. It sends a positive message to other indigenous and multinational firms who are considering investing in County Carlow or expanding their existing operations in the wider South East Region”.

Bernie O Brien, Director of Services, Carlow County Council added “This announcement by Netwatch compliments the Council's ongoing implementation of the Local Enterprise Strategy, which has a clear focus on the continued multi-agency efforts to promote County Carlow’s growing status as an attractive location for investment".