Pendo, a platform that accelerates product adoption, has announced highlights from its fiscal year, which ended January 31, 2021.
“Notable milestones include substantial growth in bookings from new and existing customers, the launch of its Pendo Free product, and global expansion into the Asia-Pacific region. Demand for Pendo increased as companies plan for long-term remote or hybrid work environments; the proliferation of workplace software has made it a necessity for companies to invest in tools to drive software adoption,” a statement made by the company said.
To prepare for future growth, the company also announced plans to hire 400 people this year.
“Despite the many challenges of 2020, the team innovated and hustled to meet growing demand for Pendo as companies’ digital transformation plans accelerated,” said Todd Olson, CEO and co-founder of Pendo. “I’m excited to continue that pace of innovation this year as we launch new products and expand our global footprint.”
Pendo helps people adopt software. Pendo customers include software companies and digital enterprises, including Verizon, RE/MAX, LabCorp, OpenTable, Okta, Salesforce, and Zendesk. Founded by product people in 2013 in the heart of Raleigh, North Carolina, Pendo is backed by Battery Ventures, Spark Capital, Meritech Capital and Sapphire Ventures.
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.