The Virginia-based company, which specializes in helping companies design, build and maintain secure software, will invest $352,000 to lease and equip 2,400 square feet of space at 100 S. College Ave. The new facility will house the company's first assessment center outside of its Dulles, Va. headquarters and is slated to be operational in May.
Cigital, which has approximately 200 employees internationally, has already begun hiring new software security consultants.
"Bloomington and the surrounding area has a growing technology base and we are thrilled to be a part of it," said John Wyatt, chairman and chief executive officer of Cigital. "Our new location is representative of our growing business and we are excited about the talented individuals from the area that we will bring to Cigital."
Cigital was established in 1992 with funding and contracts from the Defense Advanced Research Projects Agency and NASA. The company, which has additional offices in New York, Massachusetts, California, the United Kingdom, the Netherlands and India, has been awarded eight patents for its advances in software security.
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The Indiana Economic Development Corporation offered Cigital, Inc. up to $250,000 in conditional tax credits and up to $8,100 in training grants based on the company's job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Bloomington supports the project through additional incentives at the request of the Bloomington Economic Development Corporation.
About Cigital
Cigital, Inc. is the leading software security consulting firm in the world. Established in 1992, Cigital plans and implements initiatives that help organizations ensure their applications are secure and reliable while also improving how they build and deploy software. Our recognized experts apply a combination of proven methodologies, tools, and best practices to meet each client's unique requirements. Cigital is headquartered outside Washington, D.C. with regional offices in the U.S., Europe, and India. For more information visit: http://www.cigital.com/.
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