Dublin, July 12, 2021: Xtremepush has announced details of a major investment from Grafton Capital.
$33 million has been raised in growth capital to accelerate the company’s ambitious global expansion plans.
The company is targeting organic growth in Europe, North America, and the Middle East as well as pursuing a number of complementary acquisitions to widen its product offering.
This deal comes during a period of sustained success which has seen year-on-year growth. Earlier this year, Xtremepush officially launched its expansion into the US with a New York headquarters.
In the press release, Xtremepush’s CEO and co-founder, Tommy Kearns commented, “This investment validates and recognises the calibre of our technology, our people, and the ambitious global growth plans we have for the company. Xtremepush is now in hyper-growth mode. We want to scale quickly in all of these markets, both organically and through strategic acquisitions”.
This cash injection will also see Xtremepush double its workforce to 140+ over the next 12 months, creating new roles across all divisions, including software and DevOps, sales and marketing, finance, and operations.
Over the past 12 months, Xtremepush has consistently rolled out major improvements to its world-leading customer engagement, personalisation and data platform. Further development is scheduled as part of an ambitious product roadmap that will see new features and functionality added across all of its channels.