Carrboro tech firm plans move to downtown Durham
A Carrboro-based tech company plans to move to downtown Durham later this year to be closer to other tech-focused start-ups.
Colin Copeland, chief technology officer and co-founder of Caktus Consulting Group, said the company plans to move later this year after construction is completed on the building in the fourth quarter.
A limited liability company managed by Copeland bought a building at 108 Morris St. in Durham for $1.1 million in March, according to property and business records. The building was, at one time, planned to house a three-story restaurant with a rooftop deck, but that plan never materialized.
“I think we’re pretty interested in … downtown, there’s a lot of tech companies in the area, especially with the American Underground,” Copeland said. “We’re also growing to a size that just dictates the need for more space. There are lot larger spaces in the Durham area than there are around here.”
The company launched in August 2007 with three employees, and has grown to about 22 people, Copeland said. It does customized web application development that he said usually involves some kind of complex business process, and helps businesses manage and organize their online content, among other services.
Caktus will be located upstairs in the building, while the downstairs will have retail space.