New Business Chooses to Call Reno Home - KTVN Channel 2 - Reno Tahoe News Weather, Video -

New Business Chooses to Call Reno Home

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The Economic Development Authority of Nevada announced a new company is coming to Reno and that means much needed jobs for our area.

Coupa is a Bay Area-based company that helps large companies spend their money in smart and efficient ways.

Coupa opened a new office here in Reno that will handle accounting and financial operations.

The company is hiring for some positions immediately but that's just the beginning.

"We think there's a great opportunity for us to continue to build our company and hire talented people wherever we find them," said Mark Verbeck, the CFO of Coupa Software. So, in today's globally connected world, we can hire people where we find the best people."

Coupa was honored by the Wall Street Journal as "The Next Big Thing."

Right now, Coupa employs more than 120-people, with over 150,000 active users of its software in 40 countries. Coupa has worked with companies like Coca-Cola and McDonald's. In time, Coupa hopes to hire dozens of employees.

Coupa's announcement was unveiled today during a economic development update luncheon at the Peppermill.

EDAWN officials had plenty of great news for business leaders saying they are seeing more and more companies like coup making visits to northern Nevada.

They say the Silver State is the perfect place for business to boom.

"Because of our quality of life, because of our business climate because of our cost of doing business, we're finding companies find us very attractive," said Mike Kazmierski, EDAWN President and CEO.

We are waiting to hear how you can apply. We will let you know--when we have more information.

EDAWN predicts as many as 3,000 jobs will be created in our area over the next five years, just as a result of their work this past year.

Written by Chris Ciarlo

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