in Utah in 1999. He moved it 12 years ago to Cary,
where it grew from a handful of employees to 400. He
expected revenue to reach $100 million in 2013.
The growth made Bandwidth's Cary space
feel like a phone booth. When it was time for the
company to expand, Morken could have moved it
anywhere — Bandwidth already had an offce in
Denver, which is known for its high quality of life.
But it stayed in North Carolina, moving to N.C.
State University's Centennial Campus in Raleigh in
October 2013. It occupies space software developer
Red Hat Inc. vacated when it moved its headquarters to downtown Raleigh. North Carolina's housing
market, cost of living and educational opportunities
make it hard for Morken and other execs who have
No rt h C arol i Na E CoNo mi C DE v Elo p mE N t Gu iDE