With the help of some familiar local faces, Tysons Corner, Virginia’s Pangiam Tech is implementing some new plans heading into fall.
The company announced that it would invest $1.4 million into a new global headquarters in Fairfax County. The new space will add 20,000 square feet, which Pangiam says will help it keep up with domestic and international demand. The company added that the project will add 201 new jobs over the next three years.
Pangiam is a facial recognition technology, cloud applications and digital identity product developer. It primarily works with customers in transportation and security.
“We chose Virginia as our headquarters for a variety of reasons. First, it’s home. Our leadership team is either from Virginia or built their careers and families here, so it was only right to build and try to contribute to the local community when we started Pangiam,” Pangiam’s Chief Investment Officer Tom Plofchan said in a statement. “Second, Northern Virginia has really become a hub for technology companies like ours. The proximity to the federal government provides a unique opportunity to access partners and resources for a critical part of our business. Finally, the human talent in Virginia is world-class. Our collaboration with Virginia’s universities has helped our team, just a handful of people with a vision less than three years ago, compete with some of the largest companies in the world for talent.”
Security professionals in the government ecosystem founded the company, Pangiam said. Its tech mixes artificial intelligence and machine learning for threat detection and responses. Notably, it’s worked with the Department of Homeland Security, the U.S. Airforce, Delta Airlines, United Airlines and Reagan National Airport.
To establish the new headquarters, Pangiam worked with the Fairfax County Economic Development Authority (FCEDA) as well as the Virginia Economic Development Partnership. The partnerships will help fill the new jobs through the Virginia Jobs Investment Program (VJIP). The VJIP had a hand in several other new openings and roles in Northern Virginia; This year, it’s added 70 new jobs at Manassas-based Virongy, another 70 new positions at Lorton’s Bode Technology, 60 new jobs at Easy Dynamics in Tysons and 180 new roles at Alarm.com, also in Tysons, among others. Last week, it also assisted with a $1.4 million investment for a new HQ for Enabled Intelligence.
In July of last year, Pangiam added Iyad Hindiyeh as CEO of its division on traveler tech; however, he has since left the company.
“Pangiam’s decision to establish their headquarters here in Fairfax County is a great example of our community’s strong position as a place of choice for tech industry leaders,” said Victor Hoskins, president and CEO of FCEDA, in a statement. “We are honored to have Pangiam call Fairfax County home.”-30-