In a time of social distancing and remote working during the coronavirus pandemic, video-conferencing software such as Zoom and Google Hangouts have become household names. Raleigh-based Bandwidth, which helps develop the communications software behind video-conferencing applications for Google, Microsoft, Cisco and Zoom, is reaping the benefits of the industry’s recent explosion with plans for major growth.
Today, the company said it will add 1,165 jobs over the next eight years as part of an incentives agreement with the state of North Carolina. The company, which now has more than 750 employees, is paying $30 million for a 40-acre site in Raleigh from the state of North Carolina. Plans call for a 500,000-square foot headquarters building. The jobs, which will include positions in research and development, operations, sales, marketing and administration, will have an average salary of $96,832.
North Carolina is providing Job Development Investment Grants of up