Kamakura relocating its offices to Waikiki
The software firm expects to hire up to 15 more employees in the next two years
Setting the stage for an expansion that will double the size of its staff on Oahu over two years, Honolulu-based Kamakura Corp. is relocating its headquarters from the Manoa Innovation Center to the Waikiki Galleria Tower.
Kamakura, which produces risk management software for the financial services and insurance industries, now employs 16 people locally. The company has several dozen additional sales representatives located offices scattered in offices around the globe, including many workers employed by larger technology companies that market Kamakura's software.
The move will enable the company to hire another 10 to 15 workers in Honolulu over the next two years, said Warren Sherman, Kamakura's president and chief operating officer.
Marketing its products through its own sales team and in partnership with Unisys Corp. and Fiserv Inc., Kamakura has sold its products to major financial institutions in 20 countries, including the U.S., United Kingdom, Japan, Russia, Australia, China and Korea. Sherman declined to provide revenue numbers but said the company has enjoyed double-digit revenue growth for the past three years.
Yuka Nagashima, executive director of the High Technology Development Corp. of Hawaii, a state agency that operates the Manoa Innovation Center, said the center was proud to see Kamakura graduate from the high tech incubator and position itself for growth in Waikiki.
"We are extremely happy that we've been able to work with them," she said