On Thursday, Malbek announced the grand opening of its new headquarters at Princeton’s Carnegie Center.
The award-winning legal tech organization is opening the new office to provide room for its rapidly growing operation, as it continues to invest in strategic expansion to support its state-of-the-art Contract Lifecycle Management (CLM) platform.
“We are thrilled to call Carnegie Center Princeton our new headquarters and begin this new chapter in our company’s history,” said Matt Patel, chief operating officer and co-founder of Malbek. “Since our founding in 2017, we have focused on using cutting-edge technology to simplify contracts and the entire CLM user experience. This new office provides a hybrid model for our team to enjoy a vibrant and collaborative workspace so we can continue to find new ways to delight current and future customers.”
The April 28 grand opening comes as Malbek commemorates the two-year anniversary of its initial $3 million funding by Osage Venture Partners.
“We remain as impressed with the Malbek team as when we initially invested, and we congratulate them on the opening of their new headquarters,” said Nate Lentz, managing partner of Osage Venture Partners. “This team is made up of talented people, building a great product and meeting an unmet need in the market. With that winning combination, we are confident in their continued success.”
In its early days, the company participated in the NJEDA’s Technology Business Tax Certificate Transfer (NOL) Program. Patel credits the NJEDA with helping to fuel the company’s growth.
Editor’s note: This story was updated at 3:30 p.m. April 30 to correct the group photo caption.