Springleap’s global expansion plans

Springleap founder, Eran Eyal says that he will move to Halifax in Canada and New York in the United States as part of a strategy to grow the business in new territories.

A media report recently stated that Springleap, a crowdsourcing online design startup, will move to Halifax in 2013. This move, the report said, will include a new round of funding.

However, Eyal explained that this is only partially correct.

“We are not closing shop [In Cape Town] – we are pursuing an opportunity to expand to new territories. The team will remain here [Cape Town] whilst I move to Halifax, New York City and part of the year still in Cape Town,” said Eyal.

Eyal said that Halifax presents an opportunity for him to be closer to North America, where he believes sales and development opportunities are very attractive.

“The government of Nova Scotia and the tech community there have made me feel very welcome,” said Eyal.

Eyal’s move to Halifax, which follows Vinny Lingham’s move to Silicon Valley, raised some eyebrows regarding the Silicon cape initiative which is supposed to develop IT businesses in the Western Cape.

The Springleap founder dismissed these concerns, saying that Silicon cape can hold its own against other IT development communities.

“It is not about competition. It’s about what is appropriate for the particular opportunity. For us, North America is a key part of our growth strategy,” said Eyal.

More startup articles

Secrecy around rumoured Springleap deal

Mxit-Motribe deal details

Mxit acquires Motribe

Standard Bank and Mxit launch mobile money service

Must Read

Partner Content

Show comments

Trending Now

Follow Us

Springleap’s global expansion plans