Copperfasten, an Irish software company that produces internet security solutions, today announced that it will create 37 new jobs supported by Enterprise Ireland in Galway.
The expansion is based on new investment of E500k by Oyster Technology Investments Ltd and Enterprise Ireland.
The investment will help fund a significant export-led growth plan that is forecast to more than treble sales over the next 3 years. It builds on previous significant investment in R and D by the firm, part-funded by Enterprise Ireland, to develop WebTitan, the company's web security gateway appliance.
Copperfasten Technologies, which currently employs 15 people in Salthill, Galway was established in 2000 by former staff of DEC Galway. The company produces two internet security solutions for the B2B market - SpamTitan and WebTitan.
Congratulating the company in Galway today, An Taoiseach Enda Kenny said: "This announcement by Copperfasten is great news for Galway, for the Western region and for the Irish software industry. This is a prime example of an Irish firm, investing in R and D to develop world-class products for export and growth at home and abroad."
Ronan Kavanagh, CEO of Copperfasten Technologies said: "We are delighted to make this announcement today which will allow us to continue to build on our success to date and increase the foot print of our products internationally. We have seen fantastic adoption of our products and it is great to now be in a position to build on this. This investment and the new positions will allow us to drive sales and scale the company in the forthcoming years."