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On the heels of being named one of the top 10 startups outside of Silicon Valley in 2018 by VentureBeat, Raleigh-based Pendo announced that it has secured an additional $50 million in venture capital funding. The product-management software firm plans to use the additional capital to – among other things – expand operations into Europe and Asia.
Pendo, which likes to say it “makes software lovable,” has been one of the Triangle’s most watched tech startups since its launch back in 2013.
Pendo’s revenue compound annual growth rate over the last three years is 289 percent, according to WRAL Techwire.
– Mike Trainor, S&A Communications