Two more technology companies are expanding in Indianapolis. The plans from PactSafe and WDD Software involve around 160 new jobs over the next few years.
PactSafe says it will invest $575,000 to lease and equip a new office in Indianapolis and add more than 90 jobs by 2020. The company’s platform tracks legal agreements used on websites and mobile apps. The Indiana Economic Development Crop. says the new sales, marketing and engineering positions are expected to pay wages more than double the state average.
The company was founded in 2013 by Indianapolis attorney Brian Powers. It secured more than $1 million in venture capital funding in the last year, and has added over 50 new national clients in the last six months. Its customers include Indianapolis-based Emmis Communications Corp. and Angie’s List Inc. (Nasdaq: ANGI).
Software development firm WDD Software’s plans involve a $522,000 investment and nearly 70 new jobs by 2021. The IEDC expects the software developer, UI/UX designer and project manager positions to pay salaries more than 50 percent higher than the state’s average wage. The company focuses on custom software systems, member portals and web applications. WDD was founded in 1993, and has begun offering its own software products.
The IEDC says the Indianapolis area is adding high-tech jobs at a rate three times faster than the national average. Companies including Salesforce (NYSE: CRM), Sigstr, Torchlite and Lumavate have detailed plans within the last two months for more than 1,200 new Hoosier jobs.