Telerik Expands Waltham Headquarters to Support Growing Boston Presence

New Space to Accommodate Aggressive Growth Strategy in Support of a Customer Base of 40K, Including More than 450 of the Fortune 500

WALTHAM, Mass.--()--Telerik®, a global end-to-end provider of application development tools and solutions for building cross-platform and mobile applications, today announced a significant expansion of its Boston office. Located in Waltham, Mass., the 24,000 square foot space will support the company’s rapid growth in the area with more than 180 seats. Currently, there are nearly 100 employees located in the Waltham office, which is actively hiring at an average of 10 jobs per month, particularly for positions within the company’s sales, marketing and demand generation departments.

In 2013 alone, venture capital firms invested nearly $1.5 billion in companies located in Boston proper and more than $55 million in technology suburbs like Waltham, according to the National Venture Capital Association.1 “Expanding our Boston presence is a strategic next step in increasing our U.S. and global market share,” said Derek Langone, EVP, global sales. “It’s no secret that Boston is a booming technology hub and it continues to be a perfect spot for our U.S. headquarters. The wealth of technology-focused universities, along with a vibrant entrepreneurial community, young talent, innovation and high energy are all key components of the types of talent Telerik is looking for as it reinforces our ‘pay-it-forward’ culture.”

Telerik first launched the Boston office back in 2006, and was the company’s first foray in the U.S. market. The company has showed continued growth since that time and, over the last few months, Telerik has made several key hires in the Boston area including the appointment of Derek Langone to executive vice president of global sales, and KC Lincoln to vice president of demand generation.

Enterprises worldwide leverage Telerik tools, which empower more than 450 of the Fortune 500® to create compelling experiences across web, mobile and desktop applications. The office expansion and additions of Langone and Lincoln further exemplify the company’s commitment to its go-to-market strategy for development industry dominance. Langone, Lincoln and their Boston teams are responsible for further embedding Telerik Platform across the enterprise, as well as establishing new footholds in emerging market segments wishing to elevate their cross-platform mobile presence.

Telerik worked with commercial real estate broker Cassidy Turley throughout the expansion of the LEED Silver certified space. For more information about Telerik, please visit http://www.telerik.com/. For photos of the new space, please visit http://blogs.telerik.com/blogs/14-06-20/welcome-to-telerik-boston-3.0

About Telerik

Telerik empowers its customers to create compelling app experiences across any screen. Our end-to-end platform uniquely combines industry-leading UI tools with cloud services to simplify the entire app development lifecycle. Telerik tools and services can be adopted individually or as a platform and seamlessly integrated with other popular developer solutions. More than 130,000 customers from 40,000 organizations in 94 countries depend on Telerik products, including more than 450 of the Fortune 500®, academic institutions, governments and non-profits. For additional information about Telerik, please visit telerik.com or follow @telerik on Twitter.

Telerik is a registered trademark of Telerik AD in the United States and in other countries. FORTUNE 500® is a registered trademark of the FORTUNE magazine division of Time Inc. All other products and services listed herein either are, or may be, registered trademarks or trademarks of their respective owners in the United States and/or other countries.

1 “For tech job seekers, it’s all about the city,” The Boston Globe, June 2, 2014, http://www.bostonglobe.com/business/2014/06/01/for-tech-job-seekers-all-about-city/xq5tYQB6Xi3bOC9ZpMIo2I/story.html.

Contacts

Telerik Inc.
Erica Burns, 888-365-2779 #154
Erica.Burns@telerik.com

Release Summary

Telerik today announced a significant expansion of its Boston office. Located in Waltham, Mass., the 24,000 square foot space will support the company’s growth in the area with more than 180 seats.

Contacts

Telerik Inc.
Erica Burns, 888-365-2779 #154
Erica.Burns@telerik.com