San Francisco-based Recurly to open Boulder office, hire 30 by end of year

BOULDER – San Francisco software-as-a-service firm Recurly Inc. is planning to open a Boulder office within the next two months, with plans of hiring 30 employees locally by the end of the year.

Founded in 2010, Recurly’s platform powers the recurring and subscription billing for more than 1,700 companies, including the likes of CBS Interactive, Dish and LinkedIn.

Recurly employs 85 people at its San Francisco headquarters. Co-founder and chief executive Dan Burkhart said in a phone interview Tuesday that it was a senior engineer who had recently moved to Boulder from that office who advocated for a more formal presence here.

“There’s no question the culture and quality of life (of Boulder) has been a strong appeal for us in evaluating which locations made the most sense,” Burkhart said.

Burkhart said Recurly intends to hire six software development engineers in Boulder immediately, with the rest of the hires spread out over the next several months. He said the company will likely set up shop initially in the Fuse co-working space while it seeks out office space to lease.

Burkhart declined to disclose revenue Tuesday, but said the company has grown rapidly. The company has raised $19.6 million in venture capital, including a $12 million round last fall that is helping fuel the expansion to Boulder.

Recurly is hosting a tech talk/recruiting event at Bohemian Biergarten at 2017 13th St. in Boulder on April 23. More information on that event, titled ‘Entrepreneuring Company Growth: Lessons Learned Growing a Company from $0 to $1 billion in Payment Volume, can be found online.