urlRevionics, which sells retail software as a service, known as SaaS, online, plans to move its headquarters to Austin.
The company, which is relocating from Roseville, Calif., plans to expand its marketing, sales and training operations and plans to hire hundreds of new employees. It reports plans to quadruple in size.
Revionics currently has less than 200 employees, according to its LinkedIn.com profile. Its new office will be at 5000 Plaza on the Lake.
Revionics also has offices in Scottsdale, Arizona and London and will keep an office in Roseville.
“As we enter into our second decade of strong growth, relocating to Austin helps position us for more rapid expansion in the retail technology industry and offers our employees the benefits of a culturally rich city with a relatively low cost of living,” Marc Hafner, its president and CEO said in a news release.
“We are excited to become part of the ‘Silicon Hills’ community, which currently includes leading technology innovators such as IBM, Dell, Apple, Hewlett-Packard, Google, Facebook, Oracle Corporation and more. With our global expansion, we also envision establishing offices in other regions of the world as our tremendous growth continues,” Hafner said.
The company, founded in 2002, has raised $18 million to date, according to its CrunchBase profile.