Expansion plan leads to new office move for cyber tech firm
CYBER technology firm Titan IC has said it’s moved into new offices in response to growth and expansion plans.
Titan IC, led by Noel Mckenna, has moved to offices at Concourse One at Catalyst Inc in Titanic Quarter in Belfast.
The firm, which has around 20 staff, has developed advanced technology to detect cyber threats on high-speed networks.
It licenses its intellectual property to tier-one cyber security companies in Silicon Valley and Israel for use in products such as next generation firewalls.
And the technology has also been authorised for use by semiconductor companies.
Now Titan IC has said it’s hoping to double its team over the next two years, and is hoping to take on more engineers.
The firm has said that Belfast is becoming “the leading cyber security hub for Europe” with an extensive talent pool and excellent education system.
“Belfast also benefits from an excellent time zone sitting neatly between Silicon Valley, Israel, Asia and Europe.”
Chief executive Mr Mckenna said: “We are delighted to be moving to our new modern office in Concourse One while staying within the tech hub of the Northern Ireland Science Park.
“The new and enhanced space supports Titan IC’S ambition to create a first-class workplace for our employees and also a welcoming environment for our customers.
“With exciting projects in the pipeline for 2019, we look forward to attracting the best talent to our team to continue this success and grow the business to its full potential.”
The company was formed in 2007 as a spin-out of research in silicon technology for faster and safer internet data processing by experts at Queen’s University.
In 2014 the company announced a £1.4m investment creating 18 jobs.
At the time economic development agency Invest NI offered £495,069 to support Titan IC’S research and development activities and £64,650 towards its investment in management, staff and marketing.