3,400 new direct tech jobs – largest tech job creation project Miami-Dade County has ever supported
FOR IMMEDIATE RELEASE: February 27, 2023
MIAMI, FL – The Miami-Dade Beacon Council, the County’s official public-private economic development partnership, joins Kaseya in announcing its most significant Miami expansion to-date, creating 3,400 new direct jobs and over $16 million in capital investment in Miami-Dade County. This is the largest tech job creation project the County has ever supported, and the largest single job creation project in The Beacon Council’s 38-year history.
Kaseya, the leading global provider of unified IT management and security software for managed service providers (MSPs), small to mid-size business (SMBs) and mid-market enterprises (MMEs), worked with The Beacon Council to establish their Miami HQ in 2018, and again in 2021 for their first expansion. With this commitment to 3,400 new direct jobs over the next three years, Kaseya’s footprint in Miami-Dade County rises to over 4,000, making them one of the region’s largest employers.
“We are proud to be growing in Miami-Dade County as we continue creating jobs at our headquarters and investing directly in developing this community’s future tech leaders and entrepreneurs,” said Kaseya CEO Fred Voccola. “As we look to add hundreds of high-paying jobs over the next three years, we will deepen Kaseya’s existing relationships with local colleges and universities to ensure opportunities for residents across Miami to join our growing team. Our ongoing partnership with the Beacon Council has helped us grow significantly in Miami-Dade County, and we look forward to continue growing our headquarter presence for many years to come.”
“With tech layoffs recently impacting thousands of people and their organizations across the U.S., our longstanding partnership with Kaseya to bolster job creation has never been more important,” said Miami-Dade Beacon Council President & CEO Rodrick T. Miller. “Their growth during such a unique inflection point in the tech industry is a clear reflection of the economic health, favorable business climate and robust talent base Miami-Dade County offers to employers at any stage of their journey.”
Per the economic impact analysis run by Miami-Dade County, Kaseya’s commitment – 3,400 new direct jobs with an average salary of $107,000, and a capital investment of over $16M – will create an additional 1,593 new indirect jobs (totaling to 5,000 new direct and indirect jobs) and generate $326M in new disposal income each year, for a $450M annual net economic impact for our local community. This contributed to Miami-Dade County’s Board of County Commissioners approving a total of $4.5M in targeted performance-based incentives to be paid out over the next 5 to 10 years.
“Kaseya represents the type of business we want to grow in Miami- Dade,” said Miami-Dade County Mayor Daniella Levine Cava. “Since first establishing their headquarters here in 2018, they’ve been able to expand twice, using their success to advance our efforts in effectively growing our technology ecosystem. We are excited to see the positive impact their success will have as we continue to mobilize a future-ready economy.”
One of the key local incentives being applied to this project is the Relocation and Expansion Incentive Program (REIP), created by Commissioner Eileen Higgins of District 5. Kaseya is the first company to apply to REIP, which was designed to target and support large, high valued job creation opportunities.
“I created the REIP incentive program to ensure Miami-Dade County is listed among one of the best places in America to grow your company. I’m thrilled that Kaseya has chosen to expand here and know the company will thrive in Miami-Dade’s welcoming entrepreneurial ecosystem supported by our capable and diverse workforce,” said Miami-Dade County Commissioner Eileen Higgins. “Kaseya will now be one of our largest tech employers. By accepting this incentive, the company has also made an extraordinary pledge to pay salaries and benefits far above our usual local wages. Kaseya’s commitment to engage in local hiring and participate with our nonprofit community is inspiring. I am confident this expansion will accelerate Miami-Dade’s leadership as the optimal choice across the globe for businesses looking to expand or relocate.”
About the Miami‐Dade Beacon Council
The Miami-Dade Beacon Council is the county’s official economic development partnership. Attracting and retaining companies that create high-value jobs and invest in our community, The Beacon Council is committed to driving long-term economic prosperity and inclusive growth for Miami-Dade County, its businesses, and residents. We achieve this by marketing Miami- Dade as a world-class business destination; growing local companies and fostering entrepreneurs; and shaping Miami-Dade’s economic future. Established in 1985, The Beacon Council has attracted more than 130,000 new jobs and $7.3 Billion of new investment to Miami-Dade County. For more information, visit BeaconCouncil.com.
Kaseya is the leading provider of unified IT & security management software for IT professionals in managed service providers (MSPs) and mid-market enterprises (MMEs). Through its customer-centric approach and renowned support, Kaseya delivers best-in-breed technologies that empower organizations to seamlessly manage IT infrastructure, secure networks, backup critical data, manage service operations, and grow their businesses. Kaseya offers a broad array of IT management solutions, including well-known names: Kaseya, Datto, IT Glue, RapidFire Tools, Unitrends, Spanning Cloud Apps, TruMethods, ID Agent, Graphus and RocketCyber. These innovative solutions fuel Kaseya’s IT Complete platform, which is designed to maximize efficiencies and enable businesses through a single pane of glass. IT Complete empowers IT professionals to centrally command hardware, software, security, data, compliance, operations and more from within a comprehensive, integrated, intelligent (AI utilization-optimized), and affordable platform. Headquartered in Miami, Florida, Kaseya is privately held with a global presence in over 25 countries. To learn more, visit https://www.kaseya.com/.
Maria Budet, CMO
Miami-Dade Beacon Council
Lennie Gomez, Account Supervisor