The coming of the digital age has led to the creation of many new businesses, and as these businesses grow, they need to hire new workers.
Such is the case with Verdasys Inc., an information security firm based in Waltham, Massachusetts. According to the Boston Business Journal, the company recently acquired funding which will be used to bring in new workers.
Verdasys received $15 million in investment from GE Asset Management, reports the news source.
Company CEO Jim Ricotta said that that money would largely be used to hire salespeople and engineers to help expand the business of the firm, which was founded in 2002.
Ricotta said that last year, the company reached profitability on just under $30 million in revenue. It is hoping that this new investment, which the news provider reports brings the total amount of the funds raised by the company to $45 million, will help it expand its footprint in the information security industry overseas.
Many companies in the computer software sector have likely been adding jobs recently, as the Bureau of Labor Statistics reported that more than 200,000 jobs were added in March.