FireEye more than triples space in Milpitas
Silicon Valley/San Jose Business Journal, 4/19/2012
Computer security firm FireEye Inc. is expanding fast.
The company is moving into a total of nearly 62,000 square feet at the Tasman Technology Park in Milpitas this summer. It currently occupies 16,892 square feet at the site.
The need for more space stems from FireEye’s explosive growth in headcount. Its number of employees has nearly doubled to more than 250 compared to 130 last August, according to Brent Remai, FireEye’s chief marketing officer. FireEye continues to hire with 30 to 50 open positions at any given time, according to Remai.
"We're hiring in every department," he said.
Increased demand for its software has led to the space needs.
"The biggest issue in all of cyber security is that the cybercriminals, or the offense, has far outpaced the defense and figured out a way to evade traditional security systems," Remai noted. "We have a solution they can't evade, and we're pretty much the only ones in the world who can do that."
Customers include federal agencies, large high-tech companies, banks, oil and gas firms and retailers.
FireEye will take over another 45,106 square foot within the Tasman Technology Park. The campus has a total of 14 buildings slated for office and research and development. The site is bounded by Tasman, McCarthy and Alder drives.
Cassidy Turley’s Gregory M. Davies, Steve Horton, Colin Feichtmeir and Kelly Yoder represented landlord RREEF in the expansion.
Founded in 2004, FireEye has raised $50 million from investors that include Sequoia Capital , Juniper Networks and Norwest Venture Partners.
Industry analysts consider the company’s software, developed to prevent major security breaches, to be more sophisticated than many others in its space.