Nimble Storage, a California-based producer of data storage systems that has added about 50 workers in Durham over the past 12 months, is anticipating its local operations will continue to expand rapidly in 2015 and beyond.
The company, which today has 95 workers locally – up from about a dozen when it opened its first East Coast office two years ago – is hiring so quickly that it already has added to the new offices in Durham's Imperial Center that it leased last summer and just moved into last month.
The extra space, which the company leased in December, will enable it to be the sole tenant in the 87,000-square-foot Newcastle South building on Swabia Court; however, the lease on the additional space doesn't kick in until next year.
"We're not big enough to occupy the entire building right now, but we do anticipate growing," said Ashish Prakash, vice president of solutions engineering and head of Nimble's Durham office.
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The initial 48,000-square-foot space that Nimble currently occupies will accommodate about 175 workers, which is 80 more workers than Nimble currently employs locally.
Prakash said of the company's hiring plans for 2015: "I don't think we will fill up this half (of the building) quite this year, but we will get close, I think."
The company's local expansion is being fueled in part by strong growth in sales. Nimble, which was founded in 2008 and went public in 2013, generated $159.5 million in revenue over the first nine months of 2014, up 90 percent from a year earlier.
Nimble's data storage hardware and software systems combine an efficient way of storing data with an innovative way of managing that data, said Prakash.
In addition to expanding its existing functions in Durham — customer support, product development, sales and marketing — Nimble also plans to add new functions to its local operations, Prakash said. Among the functions it expects to add are accounting, financial planning and human resources.
Although Prakash praised the Triangle as being a great place to work and a great place to live, he said the company’s local expansion is being driven principally by the “plethora of talent in technology” that’s available here.
In addition, he said, the Durham office’s geographic location makes it ideal for hosting training sessions for corporate partners and customers that are scattered across the East Coast.