Smartpipe Solutions to create more than 40 jobs at new Cwmbran office after £6 million investment
Smartpipe Solutions has today officially opened its new
software and development research centre in Cwmbran, in a move
backed by the Welsh Government that will create more than 40
highly-skilled jobs in the IT sector.
The company, which has its sales and marketing functions in
London, is developing new highly innovative technology and hardware
to enable mobile network operators to monitise their data in real
The new centre at Ty Coch was opened with £1 million business
finace from the Welsh Government, £700k from Notion Capital, £500k
from Finance Wales and a further £4 million from private
Smartpipe has already recruited 13 new employees for the Welsh
centre and is set to recruit more than 30 other IT engineering
specialists in 2016.
Minister for Economy, Science and Transport, Edwina Hart, was
joined at today’s opening by Smartpipe co-Founders Tobin Ireland
(Executive Chairman) and Tanya Field (CEO).
Mrs Hart said: “This latest inward investment in one of our
priority economic sectors, ICT, is very welcome, and I am pleased
to hear that the strength of the sector in Wales and the
availability of high level skills was a deciding factor for
Smartpipe to open its new centre here.
“This is exactly the type of investment we want in Wales –
companies with innovation at the heart of their business that will
create high-quality, highly skilled graduate level jobs and develop
new technologies for a global market.”
James Henderson, Fund Manager at Finance Wales welcomed
Smartpipe’s news: “Smartpipe’s technology has achieved significant
market traction since its launch in 2014 and the new centre will be
pivotal to the future development of Smartpipe’s software.
Smartpipe is an important part of Finance Wales’ growing portfolio
of technology companies and we wish Tobin, Tanya and the team at
Smartpipe every success.”
Executive Chairman of Smartpipe, Tobin Ireland, added: “We are
delighted that the Welsh Government has invested in Smartpipe, and
the opening of our software development and research centre in
Cwmbran marks an important phase in the company’s expansion.
Smartpipe is a thriving, entrepreneurial company developing new
technology solutions with innovation at our core. We are
proud to be building our global technology business from its base
SaaS venture capital firm, Notion Capital also funded the
start-up. Stephen Chandler, Managing Partner of Notion Capital
commented: “Smartpipe’s solution is genuinely innovative in
providing a secure, global ecosystem for operator’ customer data.
Smartpipe is a great example of the type of innovative company that
should be making its mark on Wales.”
Smartpipe, whose break-through technology enables network
operators to monetise their rich customer data in real time, opted
for Wales because of the wealth of skilled resources. After
launching in 2014, Smartpipe’s solution is already being deployed
by leading operators in Europe and the Middle East, and the hiring
of a highly skilled product and technology team is due to play a
key part in supporting the company’s further expansion.
Smartpipe plans to expand further in the UK and enter new
markets such as US, India and China, extending its intelligent
identification customer data profile matching platform to new data
markets such as financial service providers, retailers, and content
providers in 2016.