(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., Pepco, Fannie 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.