Tech conference organiser Web Summit has licensed its conference software for the first time, with the United Nations Development Programme (UNDP) becoming its first customer.

The company is also to add an additional 50 staff to its workforce this year.

The UNDP will use the technology for its Istanbul Innovation Days later this month.

The software was developed in-house by Dublin-headquartered Web Summit over the past decade to assist with the organisation of its own physical events.

But the company, led by chief executive and co-founder Paddy Cosgrave, said the technology has been further enhanced during the pandemic for use in running events online while overseas travel is restricted.

"We couldn't imagine having a better first customer," it said in a statement.

"It's been a long journey, and we've taken it slow, perfecting the software over years. We're in no rush for new customers, and we will take our time. In 2022, we hope to partner with other great events."

The software has been put to use in the last year, with Web Summit using it for its Collision event in June where 32,000 attendees took part.

It was also used for its flagship Web Summit event, normally held in Lisbon, with 104,00 people using the platform.

The announcement came as the company said it plans to expand its workforce in Dublin, Lisbon, Toronto and San Francisco by 50 this year.

The new positions will be in engineering, product, marketing, producers, start-ups, media, sales, production and design.