Announcements

CashStar Relocates to New, Larger Headquarters to Accommodate Continued Growth

New Downtown Portland Office Enables Company to Expand and Invest in Client Success

CashStar, the digital gifting company preferred by the world’s leading brands, today announced that it has moved its headquarters to a new, larger office space in downtown Portland to accommodate its rapid growth. The company’s new 22,500 square-foot state-of-the-art facility readies CashStar for its next phase of growth and scaling operations.

Over the past year, CashStar’s Portland office has grown to more than 110 employees. The new two-floor, open concept workplace is flooded with natural light and offers views of Portland’s harbor. In addition to ample meeting and collaboration space, employees have access to a large eat-in kitchen area with snacks and drinks, a recreational room with ping pong and foosball, ergonomic standing desks, and showers – all in a terrific Old Port location.

“We wanted a space that supports our positive, vibrant culture, provides an outstanding working environment for our employees, and accommodates our ongoing growth and expansion,” said Ben Kaplan, president and CEO of CashStar. “The new office achieves all of these objectives, and enables us to focus our energy and investment in building differentiated mobile payments solutions and driving client success.”

Just last month, CashStar was honored as one of the Best Places to Work in Maine for the fourth consecutive year. In addition, CashStar’s growth has been recognized by a number of organizations this year. The company was named to the Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies, for the second year in a row (#600 overall and #50 in the Software category). CashStar was also honored on Forbes’ annual list of America’s Most Promising Companies, a prestigious ranking of the top 100 privately held, high-growth companies.

About CashStar
CashStar is the leading provider of omni-channel digital gifting solutions for the world’s top brands. The CashStar platform enables retailers and restaurants to maximize sales, eliminate fraud risk, increase customer engagement and drive adoption of mobile payments. More than 300 leading brands worldwide rely on CashStar to power the most innovative and advanced prepaid and digital gifting programs, including Best Buy, Brookstone, Coach, Crate & Barrel, Dell, Dunkin’ Donuts, Gap, lululemon athletica, Office Depot, Petco, Pottery Barn, QVC, Sephora, Staples, Starbucks, The Cheesecake Factory, The Home Depot and Williams-Sonoma. To learn more, please visit www.cashstar.com, follow @CashStar or e-mail .

Contact:
Keri Bertolino
fama PR
617-986-5007