San Francisco's MuleSoft will hire 100 new employees over the next year after raising $15 million in new venture capital financing in February. The company didn't release the names of its investors or its overall valuation. Chief Executive Greg Schott declined to specify the company's revenue, but said "we're tracking revenue wise to do an IPO in the next 18 months."
Founded in 2006, MuleSoft makes a software platform that helps companies integrate different application program interfaces with one another. For instance, a company that uses Salesforce.com will often try to connect that software with up to six other internal applications, like accounting or tax software, says Schott. "We have the software to make those connections," he says. "The need for connectivity is the wave we're riding now."
MuleSoft currently has about 125 employees and over 300 customers. Half of the company's new hires will be in engineering, and the other half will be split among sales, marketing and product management. Tech job openings will include those for front- and back-end developers, user experience developers, cloud platform engineers and core product engineers. Cash and equity compensation is competitive, says Schott.
The company prides itself on an open and transparent culture where employees and executives alike sit in an open floor plan office.
Write to Joseph Walker at Joseph.Walker@dowjones.com
