U.K.-based Masabi will hire 20 new employees over the next three months after raising $4 million from M8 Capital. Founded in 2001, the company currently has 30 employees.
The company allows customers in the U.K. to purchase train tickets with their cell phones. Masabi plans to expand into a major metropolitan city in the U.S. in the next month or two, said Chief Executive Ben Whitaker.
The majority of the company's new hires will be for its development team and for salespeople, Whitaker said. Java developers, server engineers and user interface designers are among the company's most pressing needs.
Masabi is also interested in candidates who are passionate about changing the way people purchase travel tickets even if their qualifications don't match specific job openings. "If you write to us and say 'this is what I can do for your company,' even if we don't have a job opening on our site, we'll take a look at" your message, said Whitaker.
Whitaker, 33, declined to discuss the company's revenue. He said cash compensation is competitive with other start-ups. Equity is available to top performers.
Write to Joseph Walker at Joseph.Walker@dowjones.com