News & Rankings

Bandwidth’s Morken: Why he chose Raleigh for new HQ, other expansion plans

Even in the age of coronavirus, big deals are getting done. Look no further than the Triangle’s homegrown software communications company, Bandwidth. Slightly more than 20 years ago, its CEO and founder David Morken, fresh from serving in the Marine Corps as an advocate judge, started the company in a spare bedroom in Raleigh.

Today, the attorney-turned-entrepreneur is getting ready to build new headquarters for that company — on a 40-acre plot of land to be purchased from the State of North Carolina for $30 million. The uptick: creating 1,165 new jobs with an average salary of $96,832 and generating more than $100 million in capital investments to the region.

Read the WRAL Techwire.

 

 

 

Comments

There are no comments yet.

Leave a Comment