Czech unicorn and product management software company Productboard opened its Dublin office last year and now has a team of 25 in Ireland.
Prague-founded start-up Productboard plans to triple the headcount at its Dublin office to 75 this year.
The product management software company currently has 25 Ireland-based employees, after revealing last year that it planned to open a new office in the capital.
Productboard’s latest hiring drive comes on the back of its announcement that it has become a unicorn. The company secured funding of $125m in a Series D round led by Dragoneer Investment Group and Tiger Global, with its valuation climbing to $1.725bn.
Existing backers Bessemer Venture Partners, Sequoia Capital, Kleiner Perkins, Index Ventures and Credo Ventures also participated in the funding round.
The investment will be used to scale the company’s hiring efforts, as well as its product offerings as it continues to grow its enterprise customer base. The Czech start-up works with more than 5,400 companies of varying sizes to help their teams integrate and collaborate more efficiently. Its partners include Microsoft, Salesforce and fellow unicorn UiPath.
Romanian robotic process automation company UiPath built out its end-to-end automation platform using Productboard. The company’s CPO, Param Kahlon, said Productboard’s platform has enhanced UiPath’s ability to launch products while gathering “the right feedback from our customers.”
Productboard’s CEO and founder, Hubert Palan, said: “Every company is becoming a digital company but not every company excels at building extraordinary digital products.”
Palan added that the company believed in “heightened competition, a new hybrid working model and higher consumer expectations,” adding that “incorporating customer feedback into every stage of product strategy and execution is ultimately the common denominator shared by the best products”.
Palan founded Productboard in 2014 with Daniel Hejl. As well as Dublin, it has offices in San Francisco, Prague, Vancouver and London, as well as remote teams across Europe. It has more than 400 employees in total spread around the world.
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