Irish software company Teamwork recorded a 20 per cent rise in revenues to $26.7 million (€22.5 million) in 2019 as losses widened due to increased investment during the year. Founded in 2007 by Daniel Mackey and Peter Coppinger, Teamwork is a software-as-a-services (SaaS) company whose clients include Disney, Netflix, Forbes, Paypal and Spotify. The company, which creates business management applications, currently has more than 24,000 paying customers, with 240 staff working across 18 countries. Mr Coppinger, Teamwork’s chief executive, told The Irish Times the company has performed well this year despite the coronavirus crisis. Our business is really picking up after a Covid slump in the April to June period.

Source: The Irish Times November 25, 2020 04:18 UTC