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(Washington Business Journal) —

Bethesda-based cloud services provider Virtustream Inc. plans to nearly double its staff over the next year and a half as part of a $40 million expansion, with an eye toward moving into European and Asian markets.  Virtustream — whose clients include MicroStrategy Inc.PepcoFannie Mae and The World Bank — plans to hire 70 employees by the end of 2011 and move into a full floor of office space at 4800 Montgomery Lane. The new hires, about 40 of whom will work out of the Bethesda office, bring the company’s work force to 150.

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