Alarm.com to expand tech R&D division in Fairfax County, creating 180 new jobs
Governor Glenn Youngkin today announced that Alarm.com (Nasdaq: ALRM), the leading platform for intelligently connected residential and commercial properties, will invest $2.6 million to expand the technology research and development division at its headquarters in Fairfax County, creating 180 new jobs.
Governor Youngkin made the announcement at Alarm.com’s headquarters in the Tysons area of Fairfax County at an event attended by state and local political and business leaders. This was the first economic development announcement event for the governor, who took office January 15.
Alarm.com pioneers smarter solutions that deliver total protection for millions of homes and businesses with one innovative and unified experience for a true smart property. The company’s platform integrates with a growing variety of IoT (Internet of Things) devices through its apps and interfaces.
“For more than 20 years, Alarm.com has been a leader in Virginia and continued to grow in 2021, by not only the number of employees, but also expanding the ways in which we hire talent,” said Alarm.com Vice President of Human Resources Victoria Schillinger. “Alarm.com, which has office locations in several other states, chose to make this investment in Virginia due to Northern Virginia’s strong workforce, including its high concentration of STEM workers, numerous higher education institutions, and desirable quality of life. It was only a decade ago that our company was 10 percent of our current size and with our passion for research, development, and technology, we look forward to welcoming new talent to our team and continuing to foster a culture of innovation, connectivity, growth, and development.”
Alarm.com employs about 700 workers in Virginia and was recently named to Fortune Magazine’s list of the top 100 Fastest Growing Companies in 2021. Expansion of the company’s research and development division will create opportunities in innovative spaces such as computer visualization, video analytics, facial recognition, energy and water management, data analytics, mobile development, and embedded systems.
“Alarm.com is one of Fairfax County’s most prominent technology innovators and we are thrilled that it is choosing to expand its R&D capacity and create more jobs here,” said Victor Hoskins, president and CEO of the Fairfax County Economic Development Authority (FCEDA). “The company also has been an innovator in workforce development, and we look forward to using our Fairfax County-funded talent initiative to help it grow in the county.”
Alarm.com occupies more than 195,000 square feet of office space at their headquarters in Tysons, a testing lab in Tysons, and the Alarm.com Demo House in Falls Church, a fully-automated, state-of-the-art smart home. As an active member of the community, Alarm.com has a Charitable Giving Program that aims to positively impact the needs of under-served communities, children’s health and education, STEM initiatives, first responders, as well as disaster response. Alarm.com offers a charitable match program for employees and in 2021, supported more than 150 501(c)(3) organizations.
“Congratulations to Alarm.com on the expansion of its operations in Fairfax County,” said Fairfax County Board of Supervisors Chairman Jeffrey C. McKay. “The Board of Supervisors has worked hard to create an environment where businesses of all kinds can grow and thrive, and I am delighted to see a technology leader such as Alarm.com take advantage of the assets we have built here for companies and their employees.”
The FCEDA worked with the Virginia Economic Development Partnership to secure the project for Virginia and will support Alarm.com’s job creation through the Virginia Jobs Investment Program (VJIP), which provides consultative services and funding to companies creating new jobs in order to support employee recruitment and training activities. As a business incentive supporting economic development, VJIP reduces the human resource costs of new and expanding companies. VJIP is state-funded, demonstrating Virginia’s commitment to enhancing job opportunities for citizens.
“Alarm.com’s exponential growth over the past two decades demonstrates that businesses of all sizes can succeed in our Commonwealth,” Governor Youngkin said. “This cutting-edge Virginia company is at the forefront of smart technology in a booming global industry and will make further advances with its expansion of tech research and development.”
About the Fairfax County Economic Development Authority
The Fairfax County Economic Development Authority promotes Fairfax County as one of the world’s best locations for business and talent. The FCEDA offers site location and business development assistance, and connections with county and state government agencies, to help companies locate and expand in Fairfax County. The FCEDA created the Work in Northern Virginia talent initiative to build the workforce that businesses need to thrive here.
In addition to its headquarters in Tysons, Fairfax County’s largest business district, the FCEDA maintains business investment offices in six important global business centers: Bangalore/Mumbai, Berlin, London, Los Angeles, Seoul and Tel Aviv. Follow the FCEDA on Facebook, LinkedIn, Twitter and YouTube. Follow Work in Northern Virginia on Instagram and LinkedIn.
The FCEDA is a member of the Northern Virginia Economic Development Alliance, which promotes and markets Northern Virginia outside the region and conducts activities and events to build the regional business community. Other members of NOVA EDA are the Alexandria Economic Development Partnership, Arlington County, City of Fairfax, City of Falls Church, Fauquier County, Loudoun County, City of Manassas, City of Manassas Park and the Prince William County Department of Economic Development.
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