Visible Technologies has outgrown its Pioneer Square office space and plans to move to Bellevue's Factoria neighborhood next month. The 82-person company, which helps corporations track discussions on social networking sites and blogs, plans to take about 15,000 square feet of space at 3535 Factoria Blvd. That's office space formally held by F5 Networks.
Visible -- backed by Ignition Partners, WPP and others -- has raised a total of $15.5 million. The move follows the appointment of technology veteran Dan Vetras as CEO, who joined the company in December.
Blake Cahill, senior vice president of marketing at Visible, said that the company had been looking for space before Vetras' arrival.
Pioneer Square, with its quirky old brick buildings, has long been a hotbed for technology startups in the Seattle area. Earlier this month, TechFlash reported that Cray moved from its longtime offices in the historic neighborhood to new space downtown.
As the economy sours and vacancy rates rise, more companies may decide to seek new office space. We'll be watching, so let us know if you hear of any other companies that are on the move.
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