Volcono Corporation announced Monday morning that it would be relocating its corporate headquarters from Rancho Cordova to San Diego. The new headquarters will be located in the Carmel Valley area of San Diego and has already been housing corporate executives, marketing, finance, accounting, corporate human resources and other departments. Volcano  plans to expand its operations to San Diego in the near future.

Volcano has its roots in San Diego as the company received its initial venture capital financing from San Diego based Domain Associates in 2001.  The company went public in 2006. Volcano is a leader in the development  and manufacturing of products for the diagnosis and treatment of coronary and peripheral artery disease.

For the first 6 months of 2008, Volcano reported revenues of $78.1 million- a 32% increase over the first 6 months of 2007. Volcano has over 800 employees and the company’s operations are global- with nearly 50% of its revenue generated from outside the United States.  Over 1,000 hospitals worldwide use  Volcano products.

As to why the company is relocating, Scott Huennekens, President and CEO says, “The pool of high performing marketing, engineering, finance, and clinical/regulatory professionals in Southern California and San Diego specifically should complement our existing core of talented personnel around the world”.