Dublin-based ecommerce software company XSellCo has announced its intentions to double its workforce to 80 people over the next 12 months.

The 40 new positions will be in software development, as well as sales and marketing.

XSellco's software enables companies that sell most of their products online to maximise their sales via global online retail platforms such as Amazon and eBay. It informs companies of the best price to offer, relative to competitors on online sites, and also provides multi-lingual after-sales customer care.

Customers include Irish ecommerce success story MicksGarage.com, and a rapidly growing range of leading international players including Littlewoods, Suzuki, Superdry, and Lloyds Pharmacy.

XSellCo was established a mere two years ago by serial entrepreneur Ray Nolan.

As chief executive Victor Corcoran told Breakfast Business this morning, it's growing fast: 

"We're looking for great people. We've been fortunate that we have thus far built a strong team and we want to continue in that traction...

"So yes, we're growing very fast. We did a quarter of million worth of sales with transaction our platform last month.

"Over 5 billion pricing events; we're very much a big data company. We have already 40 employees up from five 18 months ago and now we want to push on, and bring on some really strong people to help us take that to 80 in the next 12 months."

XSellco software supports over $250 million in transactions every month for over 3,000 customers in 60 countries. It aims to triple this number in the next twelve months.