LogMeIn To Expand International Operations

Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, today announced the establishment by LogMeIn, of its new Dublin office with the expected creation of 50 new jobs within the next year.

LogMeIn is a leading provider of cloud computing and mobile services. This investment is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.

Located in the heart of the Dublin quays along the banks of the River Liffey, the new office will house a variety of European and international functions, including sales, customer support, marketing, finance and human resources. The company is actively recruiting for all these roles and has already more than 20 employees planned to start in the office within the next three months, with plans to nearly triple its staff within the year.

An early player in cloud and mobile computing, LogMeIn offers solutions for accessing files and applications on-the-go, remote device management and support, as well as online collaboration. These solutions range from the top-ranked LogMeIn iPad app, to a simple screen sharing and online meeting app, join.me, used by tens of millions of people to collaborate with colleagues across the hall or across the globe, to its LogMeIn Rescue remote support solution used by more than 50 of the world’s biggest mobile operators to remotely configure and troubleshoot their subscribers smartphones and tablets from hundreds or even thousands of miles away.

Founded in 2003, LogMeIn went public on the US NASDAQ stock exchange in July 2009 in one of that year’s most successful tech public offerings. Today, LogMeIn boasts an active worldwide user base of more than 15 million users, more than 400,000 paying customers, and revenues that have increased by more than 60 percent over the last three years. The company attracts more than three quarters of a million new users every month. To support this rapid growth, LogMeIn’s headcount has grown by more than 30 percent over the last two years and it now has more than 535 employees located around the world.

Minister Bruton said: "Cloud computing is a key growth sector which we have targeted in the Action Plan for Jobs, and we have implemented a number of changes to support the development of a strong cloud computing industry here. Today's announcement that LogMeIn, a leading company in this sector, is locating an important facility in Dublin with the planned creation of 50 jobs is a further indication of the strong growth of this sector in Ireland. With continued implementation of the Action Plan for Jobs I am determined to ensure that we can see further cloud computing investments like this in the near future."

(CD)