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Two Toasters is on the move

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Two Toasters' success at landing new clients has pushed the Durham software company to look for new office space.

The company, which produces apps for mobile devices for its clients, moved into its downtown Durham offices last April but already has outgrown its space. The business has expanded from 15 employees last spring to 24 today, including three employees who are based in New York City.

""And we're still looking for a couple more people," said Sara Sundqvist, marketing and operations manager.

Revenue at the privately held company, which was founded in 2008, has doubled in each of the past three years, Sundqvist said.

The growth is being fueled by its roster of new clients, including a couple of "very well-known household names" that the company can't yet disclose, she said. In the past Two Toasters has been hired by the likes of Dick's Sporting Goods and Lexus, as well as a host of upstart technology firms fueled by venture capital funding.

Sundqvist said that the company's projects are becoming more costly -- and more lucrative -- as more clients ask for apps for both Apple and Android mobile devices.

Two Toasters hopes to remain in Durham -- "We like the vibe, the startup atmosphere here," Sundqvist said -- and wants to find enough space to accommodate its expectations for future growth.

In addition, Sundqvist said, the employees are hoping the new space will have enough room for the company's ping pong table.

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About the blogger

David Ranii has been a business reporter at The News & Observer since 1993. Over the years he has covered information technology, banking, insurance, the pharmaceutical and biotechnology industries, media businesses and real estate. Contact him at 919-829-4877 or e-mail him.
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