PubMatic today announced it has plans to double engineering headcount over the next 12-18 months, as it opens a new engineering hub in Pune, India.
Currently, PubMatic’s global infrastructure is supported by a 300-person engineering team, largely based out of Pune. The new engineering hub in Pune will house 800 employees in a hybrid office / remote work set up.
PubMatic says it is processing 3.3 petabytes of data daily, and it has processed nearly 30 trillion impressions in the fourth quarter of 2021. In that quarter, the company says it has reduced the unit cost of processing each impression by 28% compared to the fourth quarter of 2020.
PubMatic reported a record revenue of USD $226.9 million for the 2021 fiscal year.