Pictured (L-R): Emmet Hogan and John MacMahon of Re:Sure, the intelligent protection business.
It has been a very busy time at Irish-owned intelligent protection business Re:Sure with revenue growing by over 55% in 2013 and 39% in 2014 and new funding announced.
Further growth and expansion is expected in 2015 in all three core areas of smart technology-based security solutions for business, home and personal. The company has just announced that it has raised new funding of €250,000 from existing investors as it expands operations in the Republic and the UK.
Separately, the company has announced that it is now hiring for 10 new jobs in back office, customer support and operations roles.
Commenting on the development, John MacMahon, partner, Re:Sure, said: “Due to the rapid growth of our newly launched Re:Sure Home services, we are looking to expand into the UK sooner than expected.
As a growing business, this new investment will help us to further stake our market claim as a leader in ‘transformative technology’ The security industry has changed massively in the past decade and we’re at the forefront of that development.
For instance, passive CCTV systems that have been traditionally used to secure commercial properties are essentially redundant providing little deterrent and no prevention; the traditional home alarm is effectively obsolete as it only tells you that you’re being burgled and doesn’t prevent an incident from occurring in the first place.”
“Standard alarm technology has two fundamental flaws. Firstly, it only alarms once the person is inside or on their way into your home. Secondly, burglars are more fearless and calculating these days and know that they have a window of opportunity before any response is likely.”