Security software firm Avecto to create 40 jobs following 83% turnover growth

Growing security software company Avecto is planning to create around 40 jobs globally after achieving record results for the first half of its latest financial year.

The Manchester-headquartered firm saw its revenue for the six months to December 2016 leap 83% against the same period in 2015.

Further, Avecto recorded its best ever quarter in terms of booked orders between October and December.

The company, which has additional offices in the US and Germany, recently appointed its 200th employee and now plans to increase its headcount by 20% in the coming six months.

As part of the growth, Avecto said its endpoint security software, Defendpoint, continues to experience a “significant demand” from global companies.

Over the last six months, the firm said it has secured deals with a large consumer goods manufacturer, an international consultancy firm and a Fortune 500 tech business, among others.

Avecto’s co-founder and co-CEO, Mark Austin, said: “We have a culture of high achievement and ambition here at Avecto and these latest results are a great reflection of that.

“The whole team works tirelessly to grow and drive the business forward, and it is testament to everyone at the company that we’ve seen such a positive set of results at the half year point.”

He continued: “We continue to invest in our software, our people and our working environment to ensure we stay one step ahead of the competition, and keep Avecto at the forefront of the cyber security industry.”