Pendo to triple workforce in UK, says growth is exceeding expectations

RALEIGH – Fast-growing cloud computing software firm Pendo is planning to add additional workers at its operations in the U.K., citing as one reason growth that is exceeding expectations.

The Raleigh-based firm, which is committed to adding hundreds of workers in its home city and relocating to a new headquarters, says revenue in Europe-Middle E East-Africa markets has already achieved 130 percent of its revenue goal in the first six months of operations. Pendo says it also has added 36 customers.

Pendo now will triple its U.K. headcount to 54 from the current 18 over the next year and a half.

“We have 18 employees in the UK, 256 in Raleigh and 362 worldwide,” a Pendo spokesman told WRAL TechWire.

The firm continues to hire in Raleigh.

As part of its growth plans in the UK, Pendo says it is moving an poffice in Sheffield to a new location. That operation is built around the acquisition of UK-based Receptive.

Pendo also plans to expand the staff at its EMEA headquarters in London.

“Our EMEA team is off to a fast start, and we couldn’t be prouder,” said Todd Olson, co-founder and CEO of Pendo. “There’s a clear demand for product analytics, user guidance, feedback and roadmapping tools, and we’re bullish about the opportunity ahead for Pendo in Europe and beyond.”