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

Events

Featured

Slideshows

Channel kicks 2021 into gear as After Hours returns to Auckland

Channel kicks 2021 into gear as After Hours returns to Auckland

After Hours made a welcome return to the channel social calendar with a bumper crowd of partners, distributors and vendors descending on The Pantry at Park Hyatt in Auckland to kick-start 2021.

Channel kicks 2021 into gear as After Hours returns to Auckland
The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

Hundreds of leaders from the New Zealand IT industry gathered at the Hilton in Auckland on 17 November to celebrate the finest female talent in the Kiwi channel and recognise the winners of the Reseller News Women in ICT Awards (WIICTA) 2020.

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards
Show Comments