Cybersecurity provider Advantio is to set up its European Cybersecurity headquarters in Sligo town, with the creation of about 40 jobs over the next three years.
Established in 2009, Advantio is a European privately owned cybersecurity firms and is used by top fintech companies and payment service providers across Europe.
It will be recruiting for full-time roles across a range of functions including Product Management, Security Consulting, Project Management, Customer Success and HR teams.
The Sligo project is supported by the Government through IDA Ireland.
Marco Borza, founder and CEO of Advantio, said the new Sligo operation will allow the company to ensure that it is able to continue to service its growing customer base across Europe.
"Cybersecurity threats are growing at a rapid pace and our Sligo team will be at the heart of our strategy to help businesses succeed in such a challenging environment," Mr Borza said.
"Ciaran McGloin, a Sligo native and Managing Director of our advisors, Novacies Capital, was key in helping us spot this opportunity and spinning key operations into Sligo," he said.
"We want to give new graduates in the north-west an opportunity to pursue a career in cybersecurity whilst staying close to their roots, and to attract talented and experienced people back to the region," he added.
Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar said that cybersecurity has only become more important in recent times.
The fact that a leading firm in the field has chosen Ireland for its European headquarters is a real vote of confidence in us and the country's rich talent pool, he added.
IDA Ireland CEO Martin Shanahan said that Advantio's decision to establish its European Cybersecurity HQ in Sligo demonstrates the company's confidence in the availability of a highly skilled and talented workforce across the North West Region.
