Galway-based analytics company Joulica is to create 40 highly skilled roles over the next three years.
The company said this funding round to drive accelerated growth plan is led by Elkstone Partners and backed by Enterprise Ireland.
Roles will be added across all functions including product development, sales and marketing and customer success and they will bring the total of people employed by the company to 70.
Joulica said the expansion will enable the company to build upon its existing success and solidify its position as a market leader.
Tony McCormack, CEO of Joulica, said the company was delighted to announce this expansion, with the support of both Elkstone and Enterprise Ireland, as it strives to become the leading real time analytics solution provider.
"This growth will accelerate our product development roadmap, facilitate customer base and partner expansion, attract top-tier talent, and allow us to continue our mission of allowing organisations to deliver superior customer experiences fuelled by real time analytics," he said.
Minister for Enterprise, Trade and Employmen, Simon Coveney said there are exciting times ahead for the talented team at Joulica as they continue with their exciting expansion plans.
"The Galway-based company, who plan to employ 40 additional people locally, has a well-earned reputation for service and delivery for their customers," the Minister said.
"I also want to commend the team on its recent successful funding round, which will support the company's significant growth plans and global ambition," he added.
Niall McEvoy, Venture Partner at Elkstone, said the founding team at Joulica have built all the foundations required to drive accelerated growth in a rapidly expanding space.
"The company has a blue-chip customer and channel partner base to build on, a best-in-class product, and the ambition to scale across global markets. Elkstone is delighted to add Joulica to our portfolio of great Irish technology companies and we look forward to supporting the team as they scale the business," he stated.
Anne Lanigan, Divisional Manager, Technology and Services at Enterprise Ireland, said that Enterprise Ireland looks forward to supporting the company to globalise its business model, with support through its network of 39 international offices, growing highly skilled jobs from the company's Galway-based headquarters.
