SyncHR, a Denver, CO-based cloud Human Capital Management (HCM) software provider, secured $16m in additional funding.
Backers included existing investors New Enterprise Associates (NEA), Boulder Ventures, Grayhawk Capital and EPIC Ventures and new investors Acadia Woods and Peninsula Ventures.
The company intends to use the funds to continue its growth with expansion of its customer success and go-to-market teams, mid-market penetration to direct end-customers and through key business partnerships, and additional investments in product development.
Founded in 2010 and led by Pamela Glick, Chief Executive Officer, SyncHR provides a cloud based Human Capital Management (HCM) technology platform streamlining core HR, benefits, payroll and reporting in an enterprise-class application for mid-sized companies.
FinSMEs
27/07/2017