A video surveillance company has become the latest business to move into Torbay’s £8million tech innovation centre.
Tether Technology has opened a new main office at the Electronics and Photonics Innovation Centre (EPIC), in Paignton’s White Rock Business Park.
Tether is an exciting, British technology company revolutionising the video surveillance and physical security sector. The company, which has offices in London and Ukraine, is one of several businesses to have located to the centre in recent months.
Tether will be moving assembly of its new ranges of Tetherbox products to the new unit within the purpose-built hi-tech centre. The business has exciting growth plans and has already created three jobs within EPIC.
Tether's hybrid cloud video storage and analytics solution combines the best elements of a traditional network video recorder, cloud camera and video management system. The result is a faster, more cost effective and efficient system, the company says.
Company director Mike Morris said: “This is a perfect location for Tether’s expansion. We have all the facilities we need here to professionally operate our businesses.
"We have already recruited some great staff and held a customer conference all within a couple of weeks. We work with security professionals to provide a Tether solution to customers who are looking to secure a property or properties.”
One of the products being assembled at EPIC is the Tetherbox. Using solid state hardware and offered in a range of sizes to suit different scenarios, Tetherboxes are designed to be reliable, easy to implement and maintenance free.
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The Tetherbox connects to any brand of IP camera or to existing CCTV recorders enabling them to be managed through the timeline web interface or mobile app.
Using Tether technology, customers can view single or multiple sites, view live or historical footage or intelligently search for specific events based on an intuitive and user-friendly interface.
Utilising the latest cyber security standards, with the ability to push automatic security updates when new threats arise, the system provides added peace of mind, the company said.
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EPIC director Wayne Loschi said: “It’s fantastic to see this business come in and grow so quickly. They are one of many exciting companies that have chosen EPIC as their base. Their expertise in technology makes them the perfect fit for the centre.”
EPIC is a centre of excellence, supporting technological innovation and promoting collaborative activity between businesses and research institutions.
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It focuses on supporting high-potential companies and encourages investment into Torbay’s microelectronics and photonics sector, and in the wider South West.
EPIC is partly funded by a £3million grant from the Heart of the South West LEP Growth Deal. In addition to this, £1.375million has been secured from the European Regional Development Fund, and £1.1million in Coastal Communities Funding. This funding supports a £2.5milion investment in the centre made by Torbay Council.