WorkForce Software, a Livonia, Michigan-based provider of workforce management solutions for organizations with complex labor policies and stringent compliance demands, has raised $17m in Series A and mezzanine financing.
Backers include K1 Capital and Triangle Capital Corporation (NYSE: TCAP).
The company intends to use the capital to expand its market presence globally as well as continue its investments in innovation.
Founded in 1999 by CEO Kevin Choksi, WorkForce Software provides its hundreds of enterprise clients across North America, Europe, Latin America, the Middle East, and Asia, with EmpCenter suite, which helps employers track and manage employee time and labor, control and manage absences, schedule employees, ensure compliance, and mitigate the risk of employee fatigue.