Menu
Endace wins $4.4M research and development grant

Endace wins $4.4M research and development grant

Networking technology company Endace has gained a $4.44 million investment grant through TechNZ to accelerate its development programme.

TechNZ is a foundation for Research, Science and Technology administered fund. It is designed to help fast track research ideas into sellable products and boost job growth within the technology industry.

“This grant will help Endace accelerate a number of significant projects that will ensure that the company remains at the cutting edge of packet capture and analysis technologies,” said chairman Ian Graham.

“It is especially timely given the increased investments we are currently making in our sales and marketing activities.”

Last year it spent US$8.8 million on research and development. To March this year its profit was US$4.5 million. The company has 98 staff with offices in Auckland, the UK and US.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Endace

Featured

Slideshows

Ingram Micro launches Showcase 2018 in Christchurch

Ingram Micro launches Showcase 2018 in Christchurch

Ingram Micro kickstarted Showcase 2018 in Christchurch, hosting more than 40 vendors at Horncastle Arena. Under the banner of Leading the Way, the event demonstrated what’s new, what’s next and how it can be used to improve business and everyday life.

Ingram Micro launches Showcase 2018 in Christchurch
Data breach notification laws in NZ: How can partners prepare?

Data breach notification laws in NZ: How can partners prepare?

This exclusive Reseller News Roundtable outlined the responsibilities facing security partners today, assessing risk while evaluating the role of the vendor in providing added layers of protection.

Data breach notification laws in NZ: How can partners prepare?
Show Comments