Start-up is set to create 20 jobs in £1.4m investment
A start-up at the Northern Ireland Science Park is creating 20 new high-skilled jobs in a £1.4m investment.
Ampliphae supplies software to allow businesses to control their cloud computing networks more efficiently.
The new jobs at the firm will pay approximately £60,000 a year.
Invest NI has offered the company £465,000, part-funded by the European Regional Development Fund, to support the research, development and marketing of Ampliphae's new products.
Trevor Graham, the firm's co-founder and chief executive, said companies were becoming increasingly dependent on complex communications networks.
"Our products tackle this complexity using cutting-edge artificial intelligence, enabling our customers to operate networks more effectively and thus ensure their business-critical applications perform correctly," Mr Graham added.
Enterprise Minister Jonathan Bell said the firm was "highly innovative" and was operating in an area of high growth potential.
"Its investment to develop and commercialise cloud-focused enterprise network products is progressing well and will create employment opportunities in specialist roles that, when in place, will contribute £1.2m annually in additional salaries to the local economy," the minister added.
Ampliphae has also received a £500,000 equity investment from the Crescent Capital Development Fund.