September 24, 2022

Business Florida 2022 - The Regions

Tampa Bay

Citrus • Hernando • Hillsborough • Manatee • Pasco • Pinellas • Polk • Sarasota

| 11/8/2021

Innovation & Technology

Looking to site your technology company in the right place? Look no further than Tampa. This city of nearly 385,000 residents leads the state in high-wage STEM jobs and is quickly becoming a hub for IT companies of all shapes and sizes. Forbes recently dubbed Tampa the top emerging technology city in the country, beating out its longtime rivals which included New York City, Miami and San Francisco. Best news of all: this trend shows no signs of stopping. Tech jobs in Tampa Bay are projected to grow 8.5% overall by 2025.

And here’s proof that technology workers across the nation are moving to Tampa Bay. According to the website LinkedIn, which recently released its top 10 cities for tech employment based on migration patterns, Tampa ranks No. 6 nationwide and No. 1 in Florida with roughly 128 tech employees per every 10,000 LinkedIn users relocating to the region between May 2020 and April 2021. By way of contrast, using the same criteria, Miami-Dade ranked No. 11 and Orlando No. 12.

Among recent developments in this busy sector:

• San Francisco-based cybersecurity solutions provider OPSWAT has established its East Coast headquarters in Tampa with the intention of creating 100 jobs over the next three years.

• Clearwater-based KnowBe4, provider of the world’s largest security awareness training and simulated phishing platform, is expanding for the seventh time since 2010 with the acquisition of Washington-based MediaPRO, a cybersecurity company offering privacy awareness training.

• Fast, a San Francisco financial company that deals in online checkout services, has named Tampa its official East Coast home base. Founded in 2019, Fast simplifies the online shopping process through secure one-click checkouts.

• RabbitRun, a manufacturer of software-defined wide area network (SD-WAN) products to improve small business and remote worker connectivity, has relocated its headquarters from Toronto to St. Pete and aims to add 25 new employees by year’s end.

• McLean, Va.-based digital authentication company ID.me has opened a “second home” in Tampa with plans to hire 500 local workers in 2021.

• Tampa technology company Bluenet, which provides companies with technology, data and analytics, testing and managed services, has rebranded itself as Blue.cloud, which more aptly describes the firm’s pivoted focus to provide cloud services.

• Cybersecurity giant ReliaQuest, which was founded in Tampa in 2007, has elected to site its corporate headquarters at Strategic Property Partners’ Thousand & One in Tampa’s new Water Street neighborhood.

• On the heels of its expansion to Bulgaria in 2019, cybersecurity and privacy compliance company A-LIGN, has opened two new international offices in Ireland and Panama.

• Massachusetts-based International Data Corp., a technology research business that works with investors and startups, is expanding to Tampa Bay with the expectation of hiring 100 new employees over the next 18 months.

• Entropy Technology Design, a Tampa-based threat detection company focusing on both natural and manufactured threats, has secured a three-year, $4.25 million contract with the Pentagon. The funding will be used by Entropy to research and develop its technology for the Department of Defense to detect, identify, track and disable small, unmanned aerial systems.

KEY PLAYERS: A-LIGN, Tampa; ID.me, McLean, Va.; KnowBe4, Clearwater; ReliaQuest, Tampa

Tags: Business Florida

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