Yet another company is opening up a new office space in the region this month.
Octaria, a Houston, Texas-based software agency, announced plans to open an office in Tysons, Virginia. Octaria provides software engineering and fractional support for startups that might not need a full-time development team. The new space, in the Refraction Innovation Hub, is the company’s first office in the area.
The team, according to Director of Product Management Matthew Lowinger, has largely been based out of Texas until now. However, the company wanted to move into the DC area to expand the work it does with founders, CEOs and CTOs in what it sees as a bustling market. Lowinger added that with the expansion, Octaria also hopes to eventually move into different service lines and industries while increasing service and the quality of its work.
With events like DC Startup Week and a growing venture capital scene, Lowinger said that the team is eager to see how the DC market grows.
“DC is the next big tech hub,” Lowinger told Technical.ly. “Obviously I am a little biased, being born and raised here, but I’ve seen a lot.”
The company will be working out of the eighth floor of Refraction, a startup hub and coworking space.
Lowinger said the company is still formalizing plans for the end of the year and into 2024, but they will include hiring a probable one to five staffers. At present, the local team is just him and one other employee.
“We’re still looking to grow across the board, especially with product: product engineers, designers,” Lowinger said. “We’re just not sure of the exact numbers quite yet, we want to formalize some of those plans. But we’re really excited for the growth potential there.”
Octaria is only the latest company to open a DC-area office or headquarters in the past few weeks. Earlier this month, Virtru opened a new headquarters space in downtown DC, and Qualtrics opened a Reston, Virginia office two years after it acquired local company Clarabridge.
Check out the new space below.
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