Boulder-based KMLabs moving to accommodate growth

BOULDER — Prepping for growth that is to be fueled in part by a recent investment from Intel, Boulder-based laser manufacturer KMLabs has sold its building and is planning a June move to a larger location.

The 20,000-square-foot space the company will lease at 4775 Walnut St., cofounder and CEO Henry Kapteyn said Friday, will give the 30-person company room to add another 20 or 30 employees as it ramps up over the next two years.

KMLabs closed this month on the $4.55 million sale of its building at 1855 S. 57th Court to Boulder firm Element Properties, which is planning roughly…