Israeli Companies on the Move
Expansion and new offices are in store for several Israeli businesses.
Networx Systems is relocating its North American headquarters to the 19-story Buckhead Tower from its previous location in Sandy Springs, according to the Atlanta Business Chronicle.
Networx, which began in Israel seven years ago, connects home improvement contractors with customers. It has nearly doubled its staff in the past two years, the Business Chronicle reported. Networx employs about 110 workers, mostly inside sales, roughly 40 percent of whom commute from the Southside of Atlanta.
Another 40 technical support and R&D staff are in Israel.
The new 21,000-square-foot headquarters is above the Lenox Square MARTA station.
Networx CEO Steve Storch told the Business Chronicle he expects the company to need another expansion in the next year to 18 months.
The company considered many locations, including Peachtree Corners, Midtown, Chamblee, Brookhaven and downtown Atlanta before deciding on Buckhead, Storch told the newspaper.
In other Buckhead real estate news, the law firm Baker, Donelson, Bearman, Caldwell & Berkowitz, P.C. is leasing the top two floors of Buckhead’s Monarch Plaza, totaling 50,000 square feet, the Business Chronicle reported. The lease is an early restructuring of an existing agreement with landlord Highwoods Properties.
Another Israeli company, BeeHero, was among the four startups that pitched leading companies during Tech Alpharetta’s first AgTech Conference of the South earlier this month. BeeHero is a global pollination network trying to increase crop yields using technology that makes beehives stronger, healthier and more efficient.
BeeHero won the opportunity to be part of the Pitch Off competition at the conference as a finalist in a previous stage of the contest. The four presenting companies, along with nine of the finalists, were showcased at a conference cocktail reception July 24.
The panel of judges included executives from TechStars, the Advanced Technology Development Center and the University of Georgia’s Innovation Gateway.
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