Newly minted unicorn Productboard to triple its Dublin workforce

Newly minted unicorn Productboard to triple its Dublin workforce

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Czech unicorn and product administration software program program agency Productboard solely opened its Dublin office ultimate yr. It employs 400 staff globally.

Prague-founded start-up Productboard has acknowledged it plans to triple the current staff headcount at its Dublin office to 75.

The product administration software program program agency presently has 25 Ireland-based workers. It launched its arrival in Ireland ultimate April, revealing that it was planning to open a model new office throughout the capital.

The Productboard’s latest hiring drive comes on the once more of its announcement that it has formally develop into a unicorn, having secured funding of $125m in a Sequence D spherical led by Dragoneer Funding Group and Tiger Worldwide. The funding triggered Productboard’s valuation to climb to $1.725bn.

Present backers Bessemer Enterprise Companions, Sequoia Capital, Kleiner Perkins, Index Ventures and Credo Ventures moreover participated throughout the funding spherical.

The funding can be utilized to scale the company’s hiring efforts, along with its product selections as a result of it continues to develop its enterprise purchaser base. The Czech start-up works with better than 5,400 companies of assorted sizes to help their teams mix and collaborate further successfully. Its companions embrace Microsoft, Salesforce and fellow unicorn UiPath.

Romanian robotic course of automation agency UiPath constructed out its end-to-end automation platform using Productboard. The company’s CPO, Param Kahlon, acknowledged Productboard’s platform has enhanced UiPath’s talent to launch merchandise whereas gathering “the correct options from our prospects.”

Productboard’s CEO and founder, Hubert Palan acknowledged: “Every agency is becoming a digital agency nevertheless not every agency excels at setting up extraordinary digital merchandise.”

Palan acknowledged the company believed in “heightened rivals, a model new hybrid working model and higher shopper expectations,” together with that “incorporating purchaser options into every stage of product method and execution is ultimately the frequent denominator shared by the simplest merchandise”.

Palan based mostly Productboard in 2014 with Daniel Hejl. Along with Dublin, it has locations of labor in San Francisco, Prague, Vancouver and London along with distant teams all through Europe. It has better than 400 workers in entire unfold world large.

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