Pivotal opens new London office, begins $100m investment in Tech City

Pivotal Labs today opened a brand new office at the heart of the so-called Tech City, and invited members of the press to come and take a look.

The new offices at Bentima House, 168-172 Old Street, signal the beginning of a planned $100 million (£61.2 million) investment by the agile development company in London's burgeoning technology community.

The new hub will be the Californian startup's headquarters for Europe, the Middle East and Africa (EMEA).

"Tech City is one of the most exciting technology eco-systems in the world right now, thanks to its fantastic and dynamic mix of talent, infrastructure and the active support of the UK government," said Paul Maritz, CEO of Pivotal.

Maritz went on to say that part of the attraction of London was how many young people are choosing to live in the city.

"Pivotal is a company that helps other companies rapidly accelerate their growth," Maritz told us, "and we want to play a key role in helping organisations of all sizes, from dynamic start-ups through to global enterprises, to attract talent, grow and innovate in their marketplaces. Becoming part of the Tech City community is exactly what Pivotal wanted in order to foster high growth opportunities across multiple sectors."

Pivotal describes itself as the company situated "at the intersection of big data, platform-as-a-service (PaaS), and agile development."

They serve companies of all sizes, from seed-stage startups to Fortune 1000 companies. They are currently working with fellow startups Funding Circle and NotOnTheHighStreet.com.

Russell Acton, Pivotal's head for EMEA, commented that, "Aside from the obvious infrastructure benefits of opening an office in London, one of our crucial requirements was to be integrated into a community that didn't just offer skills and inspiration, but was also somewhere that we could give back to in terms of shared knowledge and space."

Pivotal will work closely with local community and industry groups, for example, data scientist and engineering initiatives, to open up its office space for wider use.

"We are already in conversation with a number of locally-based initiatives to enable them to use our space to come together," Acton said. "One initiative focuses on the adoption of data science and another encourages women to choose an engineering career. Also we envisage our customers will regularly work in the office so they can gain first-hand access to our talented team."

Over the next ten years, the funding will support the set-up of the new office; the recruitment and development of top talent; and the expansion of Pivotal's customer base across the EMEA region.