Vancouver-based ZoomInfo inked a big new lease for its research and development operations in Israel.
The company signed a lease for 180,000 square feet in the city of Ra’anana, just north of Tel Aviv. It will take the top nine floors, and part of the rooftop of a 30-story building in a new office campus called Infinity Park, the company said in a news release. It intends to move into the new space in spring 2023.
ZoomInfo (Nasdaq: ZI) has about 400 employees in Israel and about 250 are in an office already in Ra’anana.
“ZoomInfo’s development center in Israel is a significant growth engine for the company,” said Nir Keren, president of the Israel office and chief technology officer at ZoomInfo, in a written statement. “Our global research and development operations are centered in Israel and drive the innovation of our products, and because of this success, we’ve been able to expand our business into new markets around the world. We’re excited about our brand new office at Infinity Park, and we’re confident that this investment in our people will help us achieve our expansion objectives.”
ZoomInfo gathers, vets and sells business intelligence used by sales organizations. Its software integrates with other business technology like customer relationship management software. The company has 2,700 global employees and offices in Vancouver and Boston.
Locally, the company announced it will move into a new headquarters in Vancouver in the new Terminal 1 development happening along the Vancouver waterfront.
The company is hiring across its offices and functional teams.
