BitTitan, the fast-growing cloud services provider, has found new digs in Bellevue. The 9-year-old company announced this week that it has secured 62,000 square feet at the One Twelfth @ Twelfth building, moving from its headquarters in Kirkland. The building is located at 1120 112th Ave. NE.
BitTitan made headlines in June when the company scored $15 million in fresh funding, the first venture capital round for the company since it was founded nine years ago. At the time, founder and CEO Geeman Yip said that they had survived as a bootstrapped business, but they were ready to move on to their next chapter.
“We have survived by bootstrapping until now,” said Yip, in an interview with GeekWire in June. “We have zero outside funding and no debt. Now, to raise this very large round in this very tough economy is a validation of what we’re doing. It feels amazing.”
BitTitan sells to IT service providers, value-added resellers and system integrators, and it started with a tool called MigrationWiz that helps businesses more easily migrate to the cloud. The company now sells tools under the MSPComplete name, which BitTitan describes as a platform to “help automate every aspect of your business,” from sales to customer management.
The company employs 215 people worldwide, and it competes with Dell, Amazon, Google, Microsoft and others.
“When we announced our funding in June, we set a goal of doubling our workforce in 12 months,” a company spokeswoman tells GeekWire. “We are on track to do so, and by the end of 2017, we anticipate adding around 50-75 more people to our team.”
At 62,000 square feet, the new office will have room to house about 315 to 375 people.
The move also signals yet another shot in the arm for Bellevue, which in recent weeks has attracted the likes of Amazon.com and WeWork. Bellevue is also home to companies such as Concur, Microsoft and Expedia, though the travel giant plans to move its headquarters to Seattle in 2019.
