Raleigh tech company adding nearly 600 jobs over 5 years

Wake County News

A Raleigh tech company announced Monday they would add nearly 600 jobs and expand their current headquarters over the next five years.

The company, named Pendo, said they would be spending $34.5 million in Wake County during the expansion, Gov. Roy Cooper said at a news conference.

Once all positions are filled, the average salary is expected to be $86,824, a news release from Cooper’s office said.

Pendo will receive up to $8.7 million over 12 years from the North Carolina Job Development Investment Grant provided the company meets job creation and investment targets.

Pendo was founded in 2013 in Raleigh by former workers at Google, Cisco, Red Hat and Rally Software.

The company “provides user insight, user guidance and user communication tools for digital product teams at software companies,” a news release said.

“With its first class universities, hub of technology companies, and incredible quality of life, North Carolina, and specifically Raleigh, offers the perfect setting for our team to grow,” Pendo CEO and co-founder Todd Olson said in the news release.

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