Irish technology company Poppulo has raised €30 million in funding as it looks to boost its presence globally.
Formerly known as Newsweaver, Poppulo’s software aims to create “more connected, aligned and successful organisations all over the world”. Their product is an all-in-one Internal Communications platform that enables organisations to plan, target, publish, and measure the impact of their communications across multiple digital channels.
The cork-based organisation have worked with some of the world’s greatest brands such as Rolls Royce, Telefonica, and Nestle.
The €30 million in funding was raised from US venture capital firm Susquehanna Growth Equity (SGE).
Poppulo founder and CEO Andrew O’Shaughnessy said the investment will help the company accelerate international expansion plans in a sector that is now recognized as critical to business success.
“The companies and organizations who are winning know how absolutely crucial internal communication is not only for employee engagement but also in terms of recruitment and retention – and ultimately the bottom line,” said O’Shaughnessy.
Commenting on SGE’s investment, Managing Director Jonathan Klahr, said: “Employee communications and engagement is tremendously important for business success and we view it as a market with enormous potential – a market led by the vision, ambition, and innovation of Poppulo.”
“We’re very excited about what we can achieve together, and how this investment will enable Andrew and his team to shape the sector’s future, as Poppulo escalates its global influence and expansion through best-in-class innovation and thought leadership,” said Mr. Klahr