SimilarWeb Opens R&D Center In Ukraine

World's web analytics giant, SimilarWeb Ltd (headquartered in London, UK) has just announced opening a new R&D Center in Ukraine.

As pointed out by SimilarWeb's Co-Founder and CEO Or Offer in his interview with Reuters, the company had to open a Ukrainian office to reinforce the technical side of website data analysis.

According to Offer, SimilarWeb was pressured to seek IT personnel in new locations due to the shortage of software engineers in Israel where the company is keeping 52% of its global staff.

"There's a true battle for qualified human resources today," Or Offer, CEO of SimilarWeb

In the past 4 years his company grew 4 times and currently employs around 280 employees across several locations such as Israel, UK, Russia, the United States and Ukraine.

Founded in 2009 by Or Offer, SimilarWeb Ltd provides services in web analytics, data mining and deep analysis as well as business intelligence (BI) for international corporations. In general, SimilarWeb attracted $60 million in funding. The company's recent investments in new R&D centers and IT hiring account for $25 million.

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