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NYC tech firm opening upstate office, employ 180

Published on NewsOK Modified: March 27, 2014 at 11:03 am •  Published: March 27, 2014
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SCHENECTADY, N.Y. (AP) — A Manhattan-based technology company that turns ideas for inventions into finished products plans to open an upstate office that's expected to employ 180 people in three years.

Ben Kaufman, the founder and CEO of Quirky, joined local officials Thursday to announce that the four-year-old firm will open an office in downtown Schenectady in May.

The company will get nearly $1 million in local and state grants and tax credits to open its Schenectady project.

Last year, General Electric, formerly based in Schenectady, announced it would license thousands of patents to Quirky, which lets people collaborate on designing household products and brings them to stores.

Quirky develops inventions from sketches to the final product. The company keeps the rights to the products and the inventors and Quirky members who gave input on the designs get royalties.