BackOps, a San Francisco, CA-based back office as a subscription service platform, closed $7m in Series A funding.
The round was co-led by Sherpa Ventures and e.ventures with participation from Google Ventures and existing investors CrunchFund and Mark Pincus.
The company intends to use the funds to to continue expansion of its platform.
Co-founded by CEO Kristen Koh Goldstein, and Mark H. Goldstein, Chairman, BackOps provides small- and medium-sized businesses (SMBs) with a solution to run back-office operations which combines software with a crowdsourced workforce. The company offers a subscription model for managing the day-to-day accounting, HR, and financial reporting processes.
In addition to the funding, Tim Whipple has joined BackOps as Vice President of Customer Success.
BackOps initially serves technology startups is rapidly expanding into the medical and nonprofit fields.
FinSMEs
11/07/2013