A high-tech computer solutions company in Co Waterford plans to create 100 jobs over the next two years.

FeedHenry, a provider of cloud-based mobile enterprise application solutions, currently has 40 employees, mainly based at the WIT Arc Labs Carriganore facility.

It has secured €7m of funding and plans to create 100 jobs over the next two years.

FeedHenry CEO Cathal McGloin said recruitment is to begin immediately for software engineers, project managers and business analysts.

The company has been supported by the Department of Jobs, Enterprise and Innovation and Enterprise Ireland.

Minister Richard Bruton said FeedHenry is a great example of how a research project can grow to become a successful international business, attracting venture capital backing.

The funding includes a seven-figure investment from existing investor Kernel Capital.

FeedHenry was originally a research and development project set up at WIT.

It was spun out as a commercial venture in November 2010.