Alarm.com anticipates it will outgrow its space in Tysons

Tysons residential and commercial security company Alarm.com Holdings Inc. (NASDAQ: ALRM) expects to continue building its Northern Virginia headcount to the point it will outgrow its nearly 190,000-square-foot facility.

That’s after it announced earlier this year the addition of another 180 jobs at its headquarters as part of a $2.6 million investment to grow its research and development operation there.

“We have been regularly hiring and expanding for many years and so we’re kind of constantly in discussions around how we’re going to house all the staff,” Jeff Bedell, chief strategy and innovation officer at Alarm.com, said in an interview. The company previously amended its lease — which it signed in 2014 — to take on more space. It houses sales and marketing, research and development, customer service and administrative staff at its headquarters, according to an annual report it filed with the Securities and Exchange Commission in February.

Because the company already…

Read the full story from the Washington Business Journal.
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