Silicon Valley Startup takes London Office Space Lease in Tech City
They might deal in cloud-based technology, but US company Cloudera understands the value of the right bricks-and-mortar location. The big data business, which works with BlackBerry, eBay and Experian, is the latest high-profile company to join Google, Cisco and Intel by taking a London office space lease in Shoreditch’s Tech City.
The company will take space at Rivington Street to serve as its EMEA headquarters. Its US head office will remain in Silicon Valley.
The new premises will place Cloudera at the heart of the European tech industry, within a community of more than 1,300 tech businesses.
Over the last twelve months, the company has seen an increasing demand for its services across European, Middle East and African markets. The new London office space lease in Shoreditch will support its expansion across Europe by providing a base from which its EMEA team can deliver technical support, training and development projects more efficiently.
Cloudera’s CEO, Mike Olson, said “By establishing a brick-and-mortar presence, we will now be better equipped to serve and support our enterprise customers and more deeply collaborate with our valued partners.”
The company was also attracted by the large talent pool of digital tech professionals which the area continues to draw in. Ross Hinchcliffe, vice president of EMEA, said; “Headquartering Cloudera’s EMEA operations in London, at the heart of its technology cluster, will enable us to develop closer ties with key customer and partner organizations, and gives us access to a diverse and highly skilled pool of database architects and data scientists.”
Despite critics who claim that the Tech City bubble is set to burst, London’s answer to Silicon Valley continues to attract high profile businesses to take a London office space lease here. Over the last few years, it has transformed the Shoreditch area of the capital into a vibrant community of ambitious startups and creatives.
Citing Cloudera as an example, Benjamin Southworth, Deputy CEO of Tech City Investment Organisation, points to a number of factors which are behind Silicon Roundabout’s continued popularity: “Cloudera’s decision to open its European HQ in London is another brilliant example of how the UK’s package of tax incentives, tech-driven policies, infrastructure and home grown talent is proving to be so successful in attracting the most world’s most promising tech companies.”
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