While the COVID-19 pandemic has forced many businesses to reduce their workforce, Raleigh-based Bandwidth announced it will be expanding its headquarters and creating 1,100 new jobs and $100 million in capital investment over the next eight years.
CEO David Morken founded the software communications company two decades ago from his parent’s spare bedroom. In 2012, Bandwidth made the move to Centennial Campus and began growing from 225 employees — called “Bandmates” — to more than 750 today. The company went public in 2017 and at the time was valued at around $300 million. This year, it hit the $3 billion mark.
“Bandwidth has been a partner with NC State over the last eight years,” said NC State Chancellor Randy Woodson. “We’re thrilled that our Centennial Campus could be a launchpad and that the company will continue to grow, expanding its world-class headquarters here in Raleigh.”
Bandwidth is helping to keep the world connected, which is especially important during the current environment with work from home and limited social interaction. Companies like Google, Microsoft, and Zoom use Bandwidth’s APIs to easily embed voice, messaging, and 911 access into software and applications.
The company is building a 500,000-square-foot facility on a 40-acre plot of land near the North Carolina State Fairgrounds. In line with the company’s commitment to work-life balance, the campus will feature an integrated Montessori school for children ranging from six months old to five years old.
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