Similarweb Expands U.S. Footprint with New Office in Reston, Virginia
August 09 2021 - 9:00AM
Business Wire
New DC-area presence expands existing footprint in New York, San
Francisco, and Burlington
Similarweb (NYSE: SMWB), a leading digital intelligence company,
today announced the opening of a new office in Reston, Virginia,
the heart of Northern Virginia's (Dulles) technology corridor
outside of Washington, D.C. With global headquarters in Tel Aviv,
Israel, Similarweb’s opening in Reston marks the first new office
opening following the company’s initial public offering in May, and
its fourth office in the United States.
The new Reston office will be home to Similarweb’s Chief
Marketing Officer, Kevin Spurway, and a growing team in the
Washington Metropolitan area, with a focus on hiring sales and
marketing roles. Similarweb has grown its headcount across all ten
global offices this year, with plans to continue its rapid global
expansion through the end of the year. The office will offer a
balance of open space and conference room options for flexible work
scheduling, and to accommodate social distancing for those
attending in-person.
“We are committed to expanding our footprint in the United
States and excited to be part of the growing tech community in
Reston,” says Donna Dror, General Manager, North America at
Similarweb. “The Reston and Northern Virginia area is home to a
strong talent in the area of digital measurement and market
research, and hiring local talent will be key as we continue to
create outstanding digital intelligence tools. As a global company,
we pride ourselves on providing a unique culture that promotes
diversity and inclusion and corporate social responsibility, which
will be paramount to the culture in our office in Virginia.”
Founded in 2007, Similarweb now works with nearly 3,000
businesses, including household names like DHL, Lego, Lending Tree,
and Rakuten. Similarweb’s proprietary technology analyzes billions
of digital interactions and transactions every day from millions of
websites and apps in more than 190 countries, and turns these
digital signals into actionable insights.
To see a list of open positions in the Reston office, visit the
Similarweb careers page.
About Similarweb:
As the most trusted platform for understanding online behavior,
millions of people use Similarweb’s insights daily to strengthen
their knowledge of the digital world. We empower anyone — from the
curious individual to the enterprise business leader — to make
smarter decisions by understanding why things happen across the
digital ecosystem. Learn more here:
https://www.similarweb.com/corp/about/
Forward Looking Statements:
This press release may contain certain "forward-looking
statements" as defined in Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. Such statements may be preceded by the words
“intends,” “may,” “will,” “plans,” “expects,” “anticipates,”
“projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,”
“potential” or similar words. These forward-looking statements
reflect our current views regarding our intentions, products,
services, plans, expectations, strategies and prospects, which are
based on information currently available to us and assumptions we
have made. Actual results may differ materially from those
described in such forward-looking statements and are subject to a
variety of assumptions, uncertainties, risks and factors that are
beyond our control. Such risks and uncertainties include, without
limitation, risks and uncertainties associated with (i) challenges
associated with forecasting our revenue given our recent growth and
rapid technological development, (ii) our history of net losses and
desire to increase operating expenses, thereby limiting our ability
to achieve profitability, (iii) challenges related to effectively
managing our growth, (iv) intense competition in the market and
services categories in which we participate, (v) potential
reductions in participation in our contributory network and/or
increase in the volume of opt-out requests from individuals with
respect to our collection of their date, or a decrease in our
direct measurement dataset, which could lead to a deterioration in
the depth, breadth or accuracy of our data, (vi) our inability to
attract new customers and expand subscriptions of current
customers, (vii) changes in laws, regulations, and public
perception concerning data privacy or change in the patterns of
enforcement of existing laws and regulations, (viii) our inability
to introduce new features or solutions and make enhancements to our
existing solutions, (ix) real or perceived errors, failures,
vulnerabilities or bugs in our platform, (x) potential security
breaches to our systems or to the systems of our third-party
service providers, (xi) our inability to obtain and maintain
comprehensive and reliable data to generate our insights, (xii)
changes in laws and regulations related to the Internet or changes
in the Internet infrastructure itself that may diminish the demand
for our solutions, and (xiii) failure to effectively develop and
expand our direct sales capabilities, which could harm our ability
to increase the number of organizations using our platform and
achieve broader market acceptance for our solutions. More details
and information about us and the risk factors that may affect the
realization of forward-looking statements is set forth in our
Securities and Exchange Commission filings and reports, including
the final prospectus for our initial public offering filed with the
Securities and Exchange Commission on May 11, 2021, as well as
future filings and reports by us. Except as required by law, we
undertake no duty to update any forward-looking statements
contained in this release as a result of new information, future
events, changes in expectations or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20210809005160/en/
Press Contact: Maayan Weiss Similarweb
press@similarweb.com
Investor Contact: Alex Wellins The Blueshirt Group, for
Similarweb ir@similarweb.com
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