Business

A Raleigh company is on LinkedIn’s top-50 list for startups. And it’s hiring.

LinkedIn has named a Raleigh tech company one of the 50 most desirable startups in the nation.
LinkedIn has named a Raleigh tech company one of the 50 most desirable startups in the nation. AP FILE PHOTO

Business networking site LinkedIn has named a downtown Raleigh tech company one of the 50 most desirable startups in the nation.

Website analytics and guidance company Pendo landed the No. 42 spot on LinkedIn’s list of top industry disruptors of 2017, released Wednesday morning. It is the only North Carolina company on the list, composed of independent and privately held companies that are no more than 10 years old and have at least 100 employees.

Pendo launched in 2013 as a joint venture of Rally, Google, Cisco and Red Hat alumni.

Total funding for the company is $56 million, and revenue is up 400 percent compared with last year, according to the report.

Pendo is also hiring. It expects to double in size, with plans to add about 150 jobs in the next year, the report said.

The top five spots on LinkedIn’s list were occupied by Uber, Airbnb, WeWork, Lyft, and Slack.

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