The Economic Development Council of Seattle & King County recently was awarded the Washington Economic Development Association’s Retention-Expansion Project of the Year. The recognition follows the EDC’s work with BitTitan, a Kirkland-based cloud services company, and its Eastside expansion.
After BitTitan outgrew its Kirkland office and launched a global site search, the EDC and its partners at the city of Bellevue and Washington Department of Commerce made a compelling case for the locally-founded tech company to keep its headquarters on the Eastside. As a result of the EDC’s efforts, BitTitan announced earlier last year that it would be keeping its headquarters local, moving its office to One Twelth at Twelfth in Bellevue.
“We are looking forward to opening our new office in Bellevue,” BitTitan co-founder and CEO Geeman Yip said in a press release. “This is a great opportunity for us to remain in the region where we were founded and where we have developed such a passionate, collaborative, and skilled team.”
A multi-million dollar renovation will transform the second and third floors of the six-story One Twelfth building to make it an enticing work environment for the more than 400 employees BitTitan expects to employ by the end of this year. The new office will serve as the global headquarters for the office in Singapore and its contractors in the United Kingdom, Europe, Latin America, Australia, New Zealand and parts of Asia.
“The EDC is proud to share this recognition with the Washington State Department of Commerce, Innovation Triangle cities, and BitTitan,” EDC president and CEO Suzanne Dale Estey said in a press release. “We are thrilled to have assisted the BitTitan team through the decision-making process as they expand operations in King County. Not only is BitTitan adding hundreds of high-wage jobs to the Eastside, they are also building on their commitment to diversity and further strengthening the Seattle region’s standing as ‘Cloud City’ and an unbeatable place for companies to grow.”
As part of the expansion, Gov. Jay Inslee and his team at the Washington State Department of Commerce worked with BitTitan to learn about their ability to establish a diverse workforce and is using that information to build diversity initiatives. To keep up with the evolving industry, BitTitan is also implementing outreach efforts and training and educational opportunities.
“As more and more companies and organizations adopt the cloud, cloud-based technology will continue to explode in demand,” said Will Einstein, director of product development and growth at Puget Sound Energy and chair of the EDC’s board of directors. “The EDC and its many partners are helping position the Seattle-King County region as ‘Cloud City’ and the global center for cloud and innovation-focused job growth. Congratulations to the project team for this win and the WEDA award.”