NGen­era to shift base to Sil­i­con Val­ley

Austin American-Statesman - - BUSINESSBRIEFING - Com­piled from staff re­ports

Austin-based nGen­era Inc. is mov­ing its head­quar­ters to Sil­i­con Val­ley.

The com­pany, founded by Steve Paper­mas­ter in 2007, fo­cuses on mak­ing cor­po­ra­tions more ef­fi­cient by help­ing them shift from tra­di­tional soft­ware sys­tems to less ex­pen­sive and eas­ier-to-use Web ap­pli­ca­tions. It also helps com­pa­nies iden­tify and eval­u­ate technology strate­gies. In March, the com­pany raised $10 mil­lion in ven­ture cap­i­tal.

CEO Tom Kelly said mov­ing the head­quar­ters to Moun­tain View, Calif., will be im­por­tant to the com­pany’s growth. NGen­era will keep a devel­op­ment of­fice in Austin. It also has op­er­a­tions in Belle­vue, Wash.; Toronto; and London.

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