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Thursday, May 16, 2019
VDA Labs to add 25 jobs, invest $300k in new high-tech lab and headquarters with MSF support
LANSING, Mich. – VDA Labs, LLC, a full-scope cybersecurity company, is establishing its headquarters in the Grand Rapids area to create a central hub for its business practices, the Michigan Economic Development Corporation announced today. The project is expected to generate a capital investment of $300,000 and create 25 high-wage, high-tech jobs. Michigan was chosen over competing sites in Texas, Wisconsin and Pennsylvania.
“VDA Labs’ decision to expand in Grand Rapids means Michigan residents will have excellent job opportunities that could have gone to other states,” said Jeff Mason, CEO of the MEDC, which administers incentives and programs on behalf of the Michigan Strategic Fund.
“VDA Labs is helping to diversify Michigan’s economy and further establish Michigan as a leading state in cybersecurity job growth. It is thanks to many public and private partners that this project is taking place, and we are pleased to support that collaboration,” Mason said.
Vulnerability Discovery & Analysis (VDA) Labs, LLC, is a cyber company serving a diverse set of clients in Michigan, nationally and internationally. Projects include securing new tech in automobiles, conducting ethical hacking for companies to help them proactively fix bugs, monitoring alerts and conducting incident response in emergency situations, providing high-end security research for companies like Microsoft and more. The company also teaches classes in those domains privately and at major conferences.
VDA Labs is experiencing significant growth and expects to double the company’s current income. The new 3,000-square-foot location in Plainfield Township will house a lab and headquarters space, as well as room for product design and security review. As a result of the decision to expand and add jobs in Michigan, the company has been awarded a $75,000 Michigan Business Development Program performance-based grant from the Michigan Strategic Fund.
“We’re investing in the future of our people, processes, and technology,” said Dr. Jared DeMott, founder and CEO of VDA Labs. “We continue to expand our efforts to make our customers and the world safer. Cybercrime is quickly becoming the #1 threat to businesses and people everywhere, and we’re proud to serve on the front lines of combating the threat.”
West Michigan economic development organization The Right Place worked in collaboration with VDA Labs and MEDC to ensure the company continued its growth in the region.
“We’re seeing West Michigan’s technology sector continue to grow as more companies choose to invest in our region,” said Jen Wangler, senior business development manager and project lead, The Right Place, Inc. “VDA Labs’ decision to establish its first campus in Plainfield Township speaks to the quality of our talent and ability to provide a strong foundation for growing tech companies.”
For more information on VDA Labs, visit https://www.vdalabs.com.
“Plainfield Township is thrilled to welcome VDA Labs to our community,” said Cameron VanWyngarden, superintendent, Plainfield Charter Township, “In an ever-changing economy, we are excited to see growth in our local technology industry, especially from companies that are home-grown in West Michigan.”
About Michigan Economic Development Corporation (MEDC)
The Michigan Economic Development Corporation is the state’s marketing arm and lead advocate for business development, job awareness and community development with the focus on growing Michigan’s economy. For more information on the MEDC and our initiatives, visit www.MichiganBusiness.org. For Pure Michigan® tourism information, your trip begins at www.michigan.org. Join the conversation on: Facebook Instagram LinkedIn, and Twitter.
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