Susquehanna Growth Equity invests $35m in Poppulo
US-based investment firm Susquehanna Growth Equity has invested $35m in Ireland-based internal communications software developer Poppulo.
The fresh capital will be used to accelerate the company's international expansion plans, according to a statement.
Poppulo said that 20% of the largest employers in the US are Poppulo customers, while the proportion in Europe is 30%. Its customer base includes Unilever, Bank of America, Nestlé, Johnson Controls, Rolls-Royce and Boston Scientific.
Company
Poppulo makes software to manage the internal communications of large corporates. It was founded in 2012 and is headquartered in Cork, Ireland.
People
Susquehanna Growth Equity – Jonathan Klahr (managing director).
Poppulo – Andrew O'Shaughnessy (CEO).
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