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IPSecure Receives San Antonio Incentives for Business Expansion
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IPSecure Receives San Antonio Incentives for Business Expansion

The San Antonio City Council voted Thursday to approve an incentive package for San Antonio information technology firm IPSecure. The company will receive an Economic Development Incentive Fund (EDIF) Grant of $420,000 based on a capital investment of approximately $1.3 million, the creation of at least 80 new high-wage full-time jobs, and the retention of 115 full-time jobs. IPSecure provides a broad range of cybersecurity and other information technology services to government and private-sector companies worldwide with most of its work in cybersecurity. The San Antonio company initially focused on Defense Department telecommunications security but has since grown to include testing of computer networks to secure them from external and internal threats. The company plans to expand ...