PerformYard Secures $95 Million Equity Investment From Updata Partners

"We are thrilled to partner with Updata as we embark on our next phase of growth in solving performance management challenges," Founder and CEO Ben Hastings said. "Given the incredible success and growth our team has realized in recent years, I view this partnership as a natural evolution of our business to support continued development and expansion." "Updatas track record of success investing in software organizations with similar scale, efficiency and funding made them the ideal partner for PerformYard moving forward," Hastings explained. The unified platform streamlines and formalizes any performance process, from annual reviews to quarterly goals, continuous feedback, employee engagement and everything in between. For more information, visit https://performyard.com Updata Partners is a leading technology-focused growth equity firm in Washington D.C. with over $1.5 billion in committed capital.