Q2ebanking Expands into 85,000-Square-Foot Austin Corporate Headquarters, Poised for Continued Growth with New Talent

July 24, 2013

Q2ebanking (Q2), the leading provider of enterprise solutions for secure virtual banking, unveiled its new headquarters this week in Austin’s research corridor. Located in the new Aspen Lake One business center, the company occupies 85,000 square feet on three floors. As an anchor tenant in the new facility, Q2 was able to custom build a space that fosters the collaborative work environment the company is known for.

“At Q2, we value a culture of communication, openness and collaboration. Our new location encourages the kind of environment we feel is vital to the success of our company,” said Q2 CEO, Matt Flake. “We’re proud to be headquartered in Austin, Texas—a place where so many people want to live, and to have built a company culture that employees truly love. We’re known for our innovative software and building stellar relationships with customers, and our success is possible because of our focus on creating an environment where employees love what they do.”

In March 2013, Q2 successfully completed a $20 million Series C financing led by Battery Ventures, along with returning backers, Adams Street Partners and C&B Capital.

In the last six months, the company enlarged its footprint among community and regional institutions by 25 percent and now has more than 70 clients with assets exceeding $1 billion. Q2’s dashboard of new contracts with banks and credit unions include partnerships with Umpqua Bank, United Texas Bank, Harleysville Savings Bank, Thomaston Savings Bank, and Dexter Credit Union to name a few.

Growth

As a national leader in the financial tech industry, Q2 is known for powering virtual banking experiences.  The software Q2 develops connects banks and credit unions to their account holders who expect and appreciate the freedom of anytime, anywhere, any device banking.  Using state-of-the-art tablet first design strategies, agile development and the latest innovations for security, Q2 is continually seeking talented team members.  Each quarter, Q2 holds recruiting nights at Pinballz, a local Austin vintage arcade, where potential job seekers are encouraged to come and play arcade classics with the Q2’s software development team.  Of the company’s 350 employees, 147 were hired in 2012.

Design

The office decor serves as a reminder that Q2’s roots are firmly planted while the company is growing.

Key design features include:

Local, decades-old pecan wood salvaged and used in the design of a conference table, office tables and reception desk.

Client meeting rooms on the first and third floors follow an Austin theme, with aptly named conference rooms like Broken Spoke, Deep Eddy, and Barton Springs. The fourth floor, where the development and implementation team resides, has sci-fi themed conference rooms, including Vader and Endor.

A family room, complete with multiple ping pong tables, where employees are encouraged to visit and interact with team members they don’t regularly work alongside. Other amenities include an on-site fitness center, complete with shower facilities; kitchen areas stocked with fruit and other snacks; and a music room, where the abundance of in-house musicians gather and play.

A mix of collaborative workspaces and private areas for focused thinking. While individual offices are vital for the private requirements of the banking industry, offices were specifically placed so that window areas and views are shared by all.  In addition, multiple phone rooms with chairs and tables are available to staff for private meetings and conference calls.

Culture

Q2 has five employee committees: Cultures, Cares, Communications, Green and Wellness. All employees, regardless of how long they have been with the company, are encouraged to participate in a committee of interest to them. The company also has an established leadership development program, a managerial development program and opportunities for both technical- and soft-skill development.

“We look for individuals who not only possess our desired skill set, but who are also a good cultural fit for Q2,” said Sherri Manning, vice president of people & places at Q2.  “From day one, new hires are an important part of contributing and maintaining the culture that we are so proud of.”

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