Zagster Continues National Expansion, Opens San Francisco

SAN FRANCISCO, CA and CAMBRIDGE, MA--(Marketwired - Jan 19, 2016) - Zagster , the leading provider of public and public/private bike sharing services, today announced it has opened a West Coast regional office, based in San Francisco at the iconic RocketSpace technology campus. The expansion will enable Zagster to better serve its numerous bike share programs across California and throughout the Southwest United States.

Zagster operates a growing number of bike sharing programs in the state of California and the West Coast in partnership with college campuses (including Santa Clara University and University of California-East Bay), employers (including Workday, Salesforce.com, Intuitive Surgical and Samsung), real estate developers (Irvine Company) and cities (Albuquerque, New Mexico). Across North America, Zagster has thousands of bikes deployed across more than 150 programs with tens of thousands of members having taken hundreds of thousands of rides in the past two years.

"We're seeing massive growth from our existing programs as well as interest from universities, businesses and real estate developers throughout the West," said Timothy Ericson, co-founder and CEO of Zagster. "What better place to put down roots than at RocketSpace, the home to so many iconic disruptive companies."

2015 was a banner year for Zagster, which saw exponential growth across all of its key business metrics, including: 400 percent growth in bikes deployed across the country; 300 percent growth in unique customers/programs; 300 percent growth in employees -- from 8 to 33; and 400 percent growth in office space, as the company went from 1,800 square feet in one office to 7,200 square feet in two offices, including the new office in San Francisco.

About Zagster Founded in 2007 and headquartered in Cambridge, Mass., Zagster is the leading provider of bike sharing systems across the United States. Zagster is uniquely focused on working with communities across North America to make bike sharing programs available to residents, employees, students and visitors. A unique and highly efficient model allows Zagster to offer services in areas that traditional metropolitan bike sharing system providers can't reach. More information about Zagster's programs and impact is available at www.zagster.com .