1NCE, a German tech company with offices in nine countries, chose Miami over New York, San Francisco and Seattle for its North American headquarters. The new HQ will house the 100 to 150 employees it plans to hire over the next three years, and 1NCE is searching for an office site.
In making its decision, the Internet of Things network carrier cited Miami Mayor Francis Suarez’s vision for innovation, Miami’s “exceptional local talent pool” and quality of life.
1NCE is an is the only IoT provider to offer flat rate connectivity and software that works out-of-the-box anywhere around the globe, while still offering flexibility for design and oversight of IoT. Its flat rate of $10 for 10 years and simplicity make the company ideal for smart city projects, which often fail due to underestimated costs and poor planning, the company said. Founded in 2017 and headquartered in Cologne, Germany, 1NCE has offices in Cologne, Hamburg, Amsterdam, London, Miami, Rome, Paris, Warsaw, Hong Kong, and Riga.
Ivo Rook, Chief Operating Officer for 1NCE, will also oversee the new North American HQ in the Magic City.
“With an enormous number of digital innovation companies and first-class universities, as well as strong logistics and infrastructure, Miami offers fertile ground for 1NCE’s ambitious growth plans in the U.S. and beyond. And thanks to Mayor Suarez, we now have an amazing new base for our future U.S. workforce to supercharge 1NCE’s innovation,” said Rook, 1NCE’s President, North America.
To fund its global expansion, the company recently raised $50 million in an investment round that included SoftBank and Deutsche Teleko. In 2022, 1NCE plans to expand its footprint to 40 countries, up from 104. In a press release, the company said its next phase of product expansion will center on intelligent software connectivity and over-the-top (OTT) services.
“1NCE is an exciting addition to the rapidly expanding roster of dynamic tech companies that call Miami home. Miami’s talent pool for tech is one of the most desirable in the nation, and 1NCE will have great success finding the best and brightest to join its team. I’m pleased to welcome 1NCE to Miami, and I can’t wait to see more Internet of Things companies follow its lead,” said Mayor Suarez in a statement.
Notably, this is the second German tech company to announce a Miami HQ in a month. In December, everphone, a Berlin-based one stop shop that supplies, repairs, replaces, and recycles mobile devices for enterprise customers, announced that it selected Miami for its U.S. headquarters, citing the Magic City’s proximity to talent, high-growth companies, and investors.
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