PORTLAND, Ore. -- Jive Software Inc. is adding another floor to its offices in downtown Portland, where it could expand its 200-person workforce by as much as 30 percent.
It shouldn't be hard to find the talent, according to Jive CFO Bryan LeBlanc.
“More often than not, we’re finding it easier to hire here in Portland than in the Bay Area,” said LeBlanc, who works from the company’s offices in the former Federal Reserve Building.
Jive (NASDAQ: JIVE), a developer of social business software, was based in Portland before relocating its corporate headquarters to Palo Alto, Calif., to be closer to the rest of the social media industry. It launched its IPO in late 2011 as a California-based company, keeping Portland's now decade-long tech IPO drought intact.
Though its headquarters is elsewhere, LeBlanc said the company hasn't stopped growing its Portland operations, where its headcount is twice the size of its Bay Area workforce.
The company occupies 37,000 square feet in the Federal Reserve Building and has just leased another 14,000 square feet on the building’s second floor, which it expects to occupy in late May.
The company, which grew revenue 45 percent last year to $114 million, is expected to grow another 30 percent this year, and LeBlanc said it’s possible its Portland workforce could grow at a similar rate.
“We tend to find a very strong tech community here, a strong set of talent, and it’s not hard for us to find engineers and technical folks down here in Portland,” he said.
It’s the opposite in the Bay Area, where there’s plenty of tech talent, but also more big and aggressive tech companies eager to poach that talent. “Those companies down there are very aggressive in terms of hiring,” he said. “That’s why you’re finding some of those companies coming up this way, companies like Salesforce setting up technical groups here.”
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