Celebrating
Success
2024 has seen a renewed focus on groundbreaking initiatives throughout Stanford Research Park. From our vantage point, we see a lot to celebrate among the companies we host.
Tenant
Highlights
Stanford Research Park is a dynamic location where we embrace new and novel ideas, original approaches and ideas, and the change that’s central to the Silicon Valley experience.
Guardant Achieves Breakthrough
Guardant Health made a significant advancement in early cancer detection with the success of their groundbreaking colon cancer test. This innovative test, named to TIME’s list of best inventions of 2024, offers a less invasive and highly accurate option for detecting colorectal cancer, contributing to earlier diagnosis and improved patient outcomes. Guardant Health, a key tenant in the Stanford Research Park, continues to drive progress in precision oncology, fostering new approaches to patient care.
Rubrik Goes Public
Rubrik, headquartered in Stanford Research Park since 2018, marked a significant milestone this year by going public, further solidifying its position as a leader in data security and management. Founded with a vision to simplify and secure the world's data, Rubrik continues to drive innovation in cloud data protection and ransomware recovery underscoring Rubrik’s commitment to advancing data resilience and cybersecurity solutions for businesses worldwide.
Catalyst Grand Opening
Stanford Medicine Catalyst aims to accelerate innovations that can transform healthcare. At their grand opening in May 2024, Catalyst showcased its many ways of supporting inventors across the Stanford community who are developing and accelerating promising innovations in medical technology, diagnostics, therapeutics, and digital health. Located at the Hub in Stanford Research Park, we are thrilled to bear witness to Catalyst’s strong vision and efforts to support life science inventors who are translating their innovations from bench-to-bedside to sustainably drive health care impact.
Broadcom HQ
In late 2023, Broadcom announced plans to locate its global headquarters in Stanford Research Park following its acquisition of cloud-computing legend, VMware, whose own origin traces back to its start-up days in the Research Park. Notably, Broadcom is the “grandchild” of two other companies with storied origins in Stanford Research Park: Hewlett-Packard spun off Agilent Technologies in 1999, which in turn spun off a company that acquired Broadcom in 2015 and took its name. Today, Broadcom is a global technology leader in its own right, developing, and supplying semiconductor and infrastructure software solutions. We’re pleased to welcome this exciting hardware and software tech giant to our community.
By The
Numbers
1951
year founded as a partnership between Stanford and City of Palo Alto150+
companies comprising a diverse and thriving community of entrepreneurs and innovators700+
companies launched by StartX to date200,000
square feet of Life Sciences accelerator lab space$2.4B
annual value to Santa Clara County stimulated by Stanford Research Park$775M
annual value to Palo Alto economy stimulated by Stanford Research Park$24M
annual contribution to Palo Alto schools - the equivalent of 144 full-time teaching positions$91M+
contributed to the City of Palo Alto housing efforts since 2018$518M
estimated annual direct spending by SRP-based employers, employees, and visitorsWE CELEBRATE
OUR COMMUNITY OF INNOVATORS