Enterprise Ireland client Netwatch Group, a provider of proactive video monitoring, is expanding operations in the United States. David Walsh, CEO, Netwatch Group, said the company created 250 new jobs in the U.S. in 2018 and will continue this growth in 2019, adding another 100 roles. The announcement was made at an Enterprise Ireland business leadership event in Washington attended by Irish Prime Minister Leo Varadkar.
The company's new positions are being created across the entire operation, including sales, engineering, project management and finance. Over the past eight years, Netwatch has grown its business from a single sales employee in Boston to its present U.S. workforce across six locations including New Jersey, Boston, Atlanta, Lake Forest, California, Dallas and Houston.
Welcoming this announcement, Irish Prime Minister Leo Varadkar said, “I am really pleased to see the Netwatch Group continuing to expand in the United States with this significant jobs announcement. Netwatch is an innovation-led company which has illustrated how jobs created in Ireland can in turn lead to job creation in multiple locations across the U.S.”
“I am delighted to announce the creation of a total of 350 new Netwatch jobs in the United States," Walsh said. "250 of these jobs have already been successfully filled, and we are now actively recruiting for 100 new roles."
The latest expansion at Netwatch is being driven by the demand for its proprietary technologies that allow for real-time intervention during an attempted security breach. The company's in-house R&D team in Ireland is developing new solutions built on AI and machine learning.
“Our channel partners are excited to provide their customers with advanced security technologies not widely available in the U.S.,” Walsh said. “Partnering with our resellers to meet their needs will be critical to driving our sales and our presence in the market. We have achieved our company growth with the support of Enterprise Ireland over many years and with the support of The Riverside Company who last year invested in our company and continues to support our global growth plans.”
Martin Scott, partner, Riverside, said, “Riverside has been investing in the U.S. and Europe for more than 30 years, backing exciting growth businesses that create innovation, value and jobs. As an Irishman, I am particularly proud to be backing the Netwatch group, an Irish company, on its expansion into the U.S. and Europe, where they are transforming their market with new technology, innovation and services.”
Headquartered in Carlow, Ireland, Netwatch has had a presence in the U.S. since 2012, when it opened its first office in Boston, Mass. In April 2018, Netwatch acquired NMC in California and CalAtlantic in Texas and now operates three communications hubs in the U.S. A team of over 1,000 resellers is driving sales for Netwatch technologies, serving clients in government, critical infrastructure (utilities, communications, energy), manufacturing, warehouse/ logistics, mining and minerals, finance, retail and auto dealerships.
In addition to Ireland and the United States, Netwatch also has a significant operation in the United Kingdom, where the group also owns OnWatch Multifire in East Sussex.
“Netwatch is a prime example of the achievements that Irish companies are delivering in the U.S.,” said Julie Sinnamon, CEO of Enterprise Ireland. “They possess, and continue to hire, a global workforce of highly trained, skilled and adaptable employees and continued investment and expansion in the U.S. market is central to their efforts.”