A victim of its own meteoric success, the mountable sports camera maker GoPro plans to close its main Coastside offices and relocate to San Mateo later this year.
Seeking to consolidate the company in a new headquarters, GoPro officials said they need a larger space to accommodate a workforce that has more than doubled in the last year.
GoPro hired its 200th employee this month after a period of nonstop growth that started when the company began attracting outside investors last year. GoPro had expanded to three separate offices in Half Moon Bay and El Granada, but company officials say it became clear in recent months they had outgrown the available facilities on the coast.
As it grew, the video-equipment company was hailed by Coastside business leaders as an example of the kind of tech-savvy business they hoped would form the new economic base for the area. Seeing the company leave because of its success is bittersweet, said Charise McHugh, president of the Half Moon Bay Coastside Chamber of Commerce and Visitors’ Bureau.
“It was exactly the kind of the company we wanted to see here, and since they did well, we’ll lose them,” she said. “That’s part of the problem: we lose a lot of business because we can’t consolidate them.”
A sign the company is still committed to Half Moon Bay, GoPro this year is helping sponsor the Peninsula leg of the Amgen Tour of California cycling race and the city’s Rock the Block festival.
The company expects to move its headquarters to San Mateo sometime over the summer