A company which quality controls telephone calls has announced a €2.9 million expansion which will result in 24 new jobs over the next two years.

The announcement was made today in Waterford by Spearline who are also holding a recruitment afternoon at Waterford Institute of Technology to coincide with the unveiling of details.

Spearline started with a rented desk in Arc Labs in WIT's Carriganore campus and now has four locations, including headquarters in Skibbereen, Co Cork as well as offices in Romania and India.

"We believe in staying true to our roots by creating employment in our localities," co-founder and CEO Kevin Buckley said.

The tech company monitors phone numbers for audio quality and connectivity and has, to date, conducted millions of test calls world-wide, providing 24/7 coverage to its international clients.

Chief commercial officer Liam Dunne said Spearline has grown by over 600% in the last four years and plans to continue investing in the local economy. He himself, and many others, are graduates of WIT, he pointed out. "I am honoured to represent Spearline in Waterford and to have the opportunity to grow our base, both in terms of international customers and team members.

The new office was officially opened by Professor Willie Donnelly, president of WIT, while manager at the ArcLabs research and innovation centre, Dr Aisling O'Neill, said it's "the perfect site" for Spearline's expansion, given the strong links between the company and the college.

Regional director with Enterprise Ireland, Martin Corkery, said ArcLabs' Waterford base has proven to be "a centre that is driving real success among entrepreneurs in the southeast" and that Enterprise Ireland has made "a number of key investments" in recent years as part of its partnership with WIT. 

"It is fantastic to see it now being fully utilised by businesses in the region which continues to go from strength to strength."

The expansion was also welcomed by local TD and Minister of State John Halligan, who said Spearline's success is testament "to what can be achieved with resilience and an ability to adapt, persevere and innovate".

The Mayor of Waterford City and County, Cllr John Pratt, said it's "an incredible achievement" for the company.