Irish tech start-up Boxever is to create 100 jobs in Dublin after raising $12 million (€10.9 million) in funding.
The Series B funding follows a successful two year period for Boxever, which saw the company achieve 450 per cent compound revenue growth and add 12 new customers, including Emirates, Cebu Pacific, Alitalia, AeroMexico, Brussels Airlines and Aer Lingus.
Boxever chief executive and co-founder Dave O’Flanagan said the investment will be used to support the expansion of the company’s sales and customer support efforts globally, and grow staff numbers.
He said the 100 new jobs would be “high-value technical roles” for the most part, with the company seeking to hire data scientists, software developers and software architects.
Recruiting
He said the company would also be recruiting in the areas of sales and marketing, with the 100 jobs filled within the next 12-18 months.
The recent funding round was backed by current investors Polaris Partners and Frontline Ventures, with additional debt funding from Silicon Valley Bank. The funding brings the total investment in Boxever to $22 million.
Boxever was founded in Dublin in 2011 by Mr O'Flanagan, Alan Giles and Dermot O'Connor. It currently employs 60 staff.
The company’s Customer Intelligence Cloud is relied on by leading airlines and travel companies, such as Emirates, Air New Zealand and eDreams Odigeo to accelerate digital transformation by putting the customer at the centre of every decision.
Mr O’Flanagan said Boxever continues to experience strong demand from airlines and travel companies.
“Today’s travellers crave personalised, highly-relevant experiences, from the minute they start searching for a trip to after they reach their destination. The market potential to help the travel industry make this experience a reality is substantial, and our investors are enabling us to lead the way.”
