ANN ARBOR - Duo Security is having a big year.
Months after it became Ann Arbor's first unicorn company, it is now expanding its operations to downtown Detroit.
Duo announced Wednesday that it will immediately relocate 30 team members from Ann Arbor to Detroit to a temporary shared office space at Bamboo Detroit in the historic Julian C. Madison Building at 1420 Washington Blvd., with plans to occupy 9,000 square feet of exclusive space there by the end of the year.
The company's information services, engineering and product teams will lead the expansion effort.
(Photo: Duo Security)
"Detroit has always moved the world, both in body and soul, through its industry and art," said Dug Song, Duo co-founder and chief executive officer, in a press release. "Our Detroit office is an opportunity to build upon this rich history of innovation after years of collaboration with friends in the city to bridge our regional tech community. We are proud to help invest in the historic resurgence of Detroit, excited to learn and grow together, and committed to a success much greater than ourselves."
It was an interesting announcement, but was the writing always on the wall?
Song said this at the time Duo was elevated to unicorn status in October:
"In the same way the synergy between San Francisco and San Jose created Silicon Valley, a resurgent Michigan is being driven by regional collaboration between Ann Arbor and Detroit. We look at the current momentum occurring in Detroit as an opportunity to further accelerate the development of the tech community regionally and look forward to contributing to the city’s revitalization in any way we can."
Duo co-founder and CEO Dug Song (Photo: Duo Security)
Ever since its founding in 2010, Duo has been actively involved in Detroit's startup community, participating in and sponsoring citywide events such as Techweek Detroit and Detroit Startup Week.
To continue its footprint in the city's tech space, the company plans to host regular "Duo Tech Talks," featuring local and global leaders in technology in its new Detroit location.
"We couldn’t be more proud to have Duo make their first major step downtown by welcoming them to Bamboo," said Amanda Lewan, Bamboo co-founder and CEO, in a press release. "Dug and his team have invaluable experience into what it takes to successfully scale and disrupt, and we look forward to connecting them with local startups for their collaboration and advice on growing their businesses."
Bamboo Detroit is a co-working space that opened in 2013 and has since become home to more than 200 Detroit businesses.
"Bamboo has been a catalyst for Detroit entrepreneurs looking to scale their businesses, and we’re happy to partner with them as we look to ingrain ourselves in the local community," said Song. "Duo is committed to providing resources and leveraging our team member expertise in any way we can to help further accelerate the growing startup ecosystem downtown."
About Duo Security
"Duo Security helps defend organizations against data breach by making security easy and effective. The company’s Trusted Access and industry-leading Beyond product suites ensure only trusted users and safe devices have access to protected data and applications - anytime, anywhere. The company has more than 10,000 customers globally, including Dresser-Rand, Etsy, Facebook, K-Swiss, Random House, Yelp, Zillow, Paramount Pictures, and more. Founded in Michigan, Duo has offices in both Ann Arbor and Detroit, as well as bustling hubs in Austin, Texas; San Mateo, California; and London. Visit duo.com to find out more."
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