Cubic Telecom and VoiceSage Announce 80 New Jobs Over Next Three Years As Investments Secured for R&D and Growth
Two Dublin tech companies, Cubic Telecom and VoiceSage, have announced job creation over the next three years as a result of new investment worth approximately €5 million to fund growth and R&D. Both Cubic and VoiceSage provide communication services and software.
Cubic Telecom delivers a platform allows mobile device users to connect to the different wireless access technologies operating in in 230 countries across the world today. The company has been selected by a number of tablet and notebook manufacturers to become their key enabler for global mobile connectivity.
The company says with $5.2 million in new funding from Enterprise Ireland, Qualcomm Incorporated, ACT Venture Capital and TPS Investments it will now expand its operations worldwide and continue to invest in its software platform and mobile network, leading to the creation of more than 70 new jobs over the next 3 years.
As Cubic Telecom partners with companies around the world to develop an ever-increasing number and diversity of mobile applications, it is rapidly redefining what is possible in the field of mobile communications. Barry Napier (pictured), CEO of Cubic Telecom, said: "This investment demonstrates confidence in Cubic's ability to deliver on our smart connectivity strategy. By working with the largest device manufacturers, chipset suppliers and mobile operators in the world, we have enabled the latest devices and applications to be always connected anytime anywhere. Connectivity must not only be robust, it also needs to be more intelligent and deliver a superior performance on demand. This is our focus at Cubic Telecom. We look forward to expanding the talent immediately within our team."
In February this year, VoiceSage announced a 32% growth in sales for the second half of 2012 to companies such as Airtricity, SSE, Argos, Homebase, Littlewoods, Vanquis Bank, QVC and Eircom. As a result the company is now investing a further €1m in a major R&D programme enabling it to respond to the growing market demand for its cloud-based communication technologies which it claims is used by contact-centres serving more than 75% of the UK population.
The company expects to generate 10 new technical and engineering jobs over the next 24 months in their Dublin office.
Speaking of the VoiceSage investment, Jennifer Condon, Enterprise Ireland Head of International Services and Software, commented: “VoiceSage is a leading innovator in customer communication solutions. They have already won an impressive client base and this investment will enable them to expand their business further. Enterprise Ireland is delighted to support this innovative company.”
Graham Brierton, CTO at VoiceSage is excited about the R&D funding. “We are delighted to have secured this funding and the confidence and backing of Enterprise Ireland,” commented . “We are certainly bucking economic trends and uniquely offering a quick to deploy technology that delivers fast and very realisable benefits to household named companies. This investment will allow us to accelerate our technology development to meet the growth that market analysts predict.”
Minister for Jobs, Enterprise and Innovation, Richard Bruton TD said: "With the announcements by Cubic Telecom and VoiceSage of successful investments and new jobs, we are once again seeing a great example of the strength of Ireland's indigenous ICT sector. Driving increased research and innovation in Irish companies is a priority for this Government and is at the heart of our jobs plan, and companies like this are at the forefront in developing innovative new products and services with wide appeal across international markets, leading to export sales and increased employment."
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