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International Internet Magazine. Baltic States news & analytics Saturday, 20.04.2024, 08:08

US-based CAST AI opening development office in Vilnius

BC, Vilnius, 14.05.2020.Print version
CAST AI, a Florida-based developer of cloud computing solutions, is opening a development office in Lithuania, with plans to expand its Vilnius-based team to 100 people in the next three years, Invest Lithuania informed.

"Lithuania will be our only hub outside of US, and 95 percent of development will be performed there," the government's foreign investment promotion agency quoted Yuri Frayman, the company’s CEO said.


"As we have seen in our previous experience, local developers and engineers have what it takes to roll-out truly competitive global solutions," he said.


CAST AI raised 4.8 mln US dollars in investment in early 2020.


The Lithuanian operations will be headed by Vilius Zukauskas.




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