Bandwidth To Invest More Than $100M In Virginia Expansion

The software company will expand its presence in Raleigh, NC by building a new corporate headquarters and adding more than 1,000 jobs.


https://businessfacilities.com/2020/04/bandwidth-to-invest-more-than-100m-in-virginia-expansion/
The software company will expand its presence in Raleigh, NC by building a new corporate headquarters and adding more than 1,000 jobs.
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Bandwidth To Invest More Than $100M In North Carolina Expansion

The software company will expand its presence in Raleigh, NC by building a new corporate headquarters and adding more than 1,000 jobs.

Bandwidth To Invest More Than $100M In Virginia Expansion

Bandwidth Inc. will invest more than $100 million in a major expansion of its Raleigh, NC operations. As part of the project, Bandwidth will designate Raleigh as its corporate headquarters and will add 1,165 jobs in Wake County.      

Raleigh, NC
(Photo: Economic Development Partnership of North Carolina)

“As an essential Nationwide service provider of 911, voice calls and text messages headquartered here in North Carolina, we are proud to have kept up with the unprecedented levels of demand for communications services during this challenging time,” said David Morken, founder & CEO of Bandwidth. “We’re enabling a more connected world at a time when people everywhere need it most. Our mission is critical, and we remain steadfast in continuing to execute on that mission for the people of North Carolina and all Americans.

“We are proud to be North Carolina raised! Deeper roots in our vibrant community will support our growing customers and our flourishing team,” Morken continued. “We’ve been scouting for ideal ground on which to cultivate our bright future, a place to plant innovative seeds of thought and to harvest success for our customers for many seasons to come. And we are thrilled to support the North Carolina State Fair. What a blessing to build our new headquarters in such an incredible spot in Raleigh, just minutes from Umstead State Park and with easy access to so many other parts of the Triangle.”

bandwidth

Bandwidth is a software company focused on communications and has called Raleigh home for the past 19 years. Currently located on North Carolina State University’s Centennial Campus, Bandwidth has more than 750 employees between its Raleigh, Denver, and Rochester offices. The company completed an initial public offering (IPO) in 2017 and has played a critical role in the development of communications for global companies such as Google, Microsoft, Zoom, and others.

“We are excited to share the commitment Bandwidth has made to Raleigh, Wake County, and the region. Even as this community faces recovering from a global pandemic, we are confident Raleigh will continue to be a competitive, resilient market,” said Adrienne Cole, president and CEO of the Raleigh Chamber. “Bandwidth remains one of our community’s greatest supporters and we are excited that Bandwidth will continue its journey in Raleigh.”

Bandwidth will look to grow its existing workforce by adding positions in research and development, sales and marketing, operations, and administration. New positions will offer wages that average $96,832 in annual total compensation.

“Though the current backdrop is highly challenging for everyone, the Commerce Department is proud to continue carrying out its mission – and that includes helping companies execute strategic growth plans that involve North Carolina,” said North Carolina Commerce Secretary Anthony M. Copeland. “Today’s announcement by Bandwidth showcases the resiliency and reliability of our state and its renowned economic assets – especially our tech-savvy workforce.”

“We are excited to have Bandwidth grow their roots in Raleigh. Our community will stand to benefit from this announcement for many years to come,” said Michael Haley, executive director, Wake County Economic Development (a program of the Raleigh Chamber.) “From jobs created, to investment in the community, to growth, Bandwidth is helping secure the future of Wake County.”

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