Cloud-based software company LiveOps will move its corporate headquarters from Redwood, California, to Cedar Park after the Texas Enterprise Fund awarded the company a grant of $1.2 million, the governor’s office announced July 30.
Larry Holt, assistant director of economic development in Cedar Park, said the city competed with several other states and Denver, Colorado, for LiveOps and its 80 California employees.
LiveOps also plans to add at least 150 employees in Cedar Park with an average annual salary of $75,000. The corporation’s new headquarters will include at least 25,000 square feet and will be built on a site that has not yet been chosen, Holt said.
“We’re really excited about this project,” Holt said. “A high-tech company with higher-paying jobs like this is desirable by any community in the country.”
LiveOps is the first recipient of a Texas Enterprise Fund grant to move to Cedar Park, he said.
City staffers are discussing an additional city incentive of $802,334 for LiveOps based on the company meeting specific hiring milestones. Members of the Cedar Park Community Development Corporation, or 4B Board, will discuss the incentive in August. Cedar Park City Council would then vote on the incentive package during a September meeting, Holt said.
After approval, LiveOps would select a headquarters site and could open in two years, he said.
“Cedar Park is continuing to grow as a desirable location for tech companies from around the country and around the world,” Holt said. “This is a very desirable place [in Texas].”
Texas Gov. Greg Abbott said Texas continues to draw high-tech jobs from other states.
“I am pleased to welcome LiveOps to the Lone Star State as the company seeks to transform cloud-based customer service,” Abbott said in a statement. “With their help, the state of Texas can, and will, continue to lead the nation in job creation within the technology sector.”
In a statement, LiveOps CEO Vasili Triant said the expanding company is expanding and wants to hire employees from a prepared workforce.
“Texas has become a respected international technology hub and maintains a vibrant community of technology talent in the Cedar Park area,” Vasili said. “We believe that this new location not only supports our organizational plans, but that it also affords our valued staff a family-oriented environment with a greatly reduced cost of living.”
Correction: An earlier version of this story described LiveOps as a high-tech call center. The company provides cloud-based software and customer service for other call centers.