Press Release

Opportunity Austin welcomes European networking provider's US headquarters to Austin

Posted By Greater Austin Chamber | Apr 04, 2019
Press Releases, Economic Development, Economic Development Announcements Print Article Press Release

Opportunity Austin, the Greater Austin Chamber's five-county prosperity initiative, today announced European networking provider Brodynt has opened its US headquarters in Austin at 600 Congress Avenue.

“In choosing Austin, Brodynt reinforces our region’s standing as an international destination for innovative companies,” said Opportunity Austin Senior Vice President of Economic Development Charisse Bodisch. “These additional jobs will give Austinites more opportunities to find work and provide for themselves and their families. This is another win for Opportunity Austin, our region, and our community."

Brodynt Global Services SL., is a European internet access and networking provider that serves more than 200 countries. Founded in 2013 with initial capital of $3,500, Brodynt closed its 2018 fiscal year with $6.7 million in revenue. It was ranked 237th on the 2019 Financial Times list of 1,000 fastest growing companies in Europe.

The company currently has nearly 40 employees with plans to expand to 50 this year.

“Our focus is on offering internet access and networking solutions, such as SDWAN and IPsec VPN, globally but with a local approach," said Brodynt Co-founder Marcus Muñoz. "We are committed to a better and faster service delivery in our covered 200 countries. Customer satisfaction from our business customers is key for Brodynt”.

Brodynt's Austin office will focus on business development and customer service. Having a US-based office will allow the company to offer 24/7 support across time zones. 

Managing Director, Americas, Joseph Goodyear will be driving the continued success of Brodynt’s Americas market strategy.

"Brodynt’s track record of success speaks for itself and I am honored to join such a fast moving, customer centric organization," said Goodyear. "This is an incredibly exciting time for Brodynt, as we develop and grow our commitment to our customer base to ensure our values are aligned with theirs."

The company plans to hire up to 20 employees in its Austin office by 2021. 

About Opportunity Austin
Opportunity Austin is the economic development initiative aimed at fostering job-creating investment in the five-county Central Texas region. Top priorities include boosting economic diversification to proactively strengthen the economy, deepening the talent pool through development and attraction, and keeping the Greater Austin region attractive to entrepreneurs, business leaders and site selectors through advocacy on issues such as a comprehensive regional transportation system and regional collaboration. Since 2004, Opportunity Austin has helped bring more than 400,000 total jobs to the Austin region. Learn more about Opportunity Austin here.

Forward Looking Statements
Certain information set forth in this presentation contains “forward-looking information”, including “future oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company’s business, projects and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; (vi) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company’s current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.

These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

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Greater Austin Chamber

The Greater Austin Chamber of Commerce focuses on how the Austin region works. We serve as the voice of business for our member organizations and their employees throughout Central Texas. Our mission is to provide leadership that facilitates the creation of a prosperous regional economy and effective advocacy for members.