IoT Technology Firm Breadware Rebrands old Wells Fargo Bank Space

Internet of Things (IoT) technology firm Breadware is growing into its ground floor space at 200 South Virginia Street.  With a bright, open floor plan, vibrant room colors and the use of reclaimed wood, it has converted a traditional bank into modern technology offices.  “The vault door is such a cool accent piece for the space,” said Daniel Price, Co-founder and CEO of Breadware. “And the vault itself serves as our conference room, yoga studio, training center and meditation room.”

“Breadware’s occupancy marks a repositioning for the 200 South Virginia,” said Scott Stranzl, Vice President of Leasing at Basin Street Properties. “We’re transitioning from traditional Wells Fargo banking and IRS government services towards technology companies like Breadware and vacation management software company MyVR.  We are improving the previous IRS spaces and we’re excited about the opportunities for new tenants there.”

Breadware originally came to Reno from Santa Barbara in March of 2017 with eight employees. Today Breadware has eclipsed 25 employees with 76% of their new hires already living in Reno.

“The IoT market continues its exponential growth,” said Price. “By 2020, there will be 24 billion IoT enabled devices, and 95% of all new electronics will have IoT capabilities. We expect Breadware to grow with this market and hope to be over 50 employees by 2020.”  Breadware’s team requires a variety of skill sets including mechanical engineers, electrical engineers and software developers.

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