Avalara, a Seattle-based sales tax software company that just raised $100 million in new funding, is expanding its Triangle operations and expects to hire 25 additional workers by mid-2015.
To accommodate the expansion, which will boost the company’s Triangle workforce from 90 to 115 employees, Avalara has leased 40,000 square feet of space in the Diamond View I building in downtown Durham’s American Tobacco Campus.
“We are actively and aggressively recruiting now,” said Matt Tormollen, executive vice president and general manager of two Avalara divisions.
Avalara announced on Nov. 10 that it had received a $100 million infusion of cash from giant private equity firm Warburg Pincus. However, Tormollen said the expansion here was in the works prior to that funding.
Moreover, Tormollen added, the company has added 60 Triangle employees since the beginning of the year.
He said the “quality and availability of tech talent” in the region convinced the company to expand its operations here.
The company’s flagship product, Avalara AvaTax, is cloud-based software used by online retailers and others to automate sales tax payments to the 50 states. It’s also used in more than 100 countries around the world.
In addition, the company’s CertCapture division, headed by Tormollen, is based in Raleigh and is moving to Durham. The move to Durham is expected to be completed in the first half of 2015.
In addition to the CertCapture division, Avalar’s also has sales and support workers for AvaTax in the Triangle.
Today Avalara has more than 750 employees worldwide. Its presence in the region traces back to early 2013, when it acquired a startup with 20-plus employees, Tax Technology Services. That business evolved into CertCapture.