PeopleMatter Secures $7.2 Million in Series B Financing Led by Noro-Moseley Partners | FinancialContent Business Page

Funding Rounds

Summary

CHARLESTON, S.C., May 3, 2011 /PRNewswire/ -- PeopleMatter, the fastest growing talent management provider for the service industry, today announced that is has secured $7.2 Million in Series B funding. Delivered via Software-as-a-Service (SaaS), the PeopleMatter ecosystem brings together HR software tools to HIRE, SCHEDULE, LEARN and ENGAGE the hourly workforce for C-Stores, Hospitality, Retail and the Foodservice industries from a single, integrated platform. "We have seen our business accelerate rapidly as we continue to roll out innovative products for engaging and managing employees in the service industry," shared Nate DaPore, PeopleMatter Founder, President and CEO. "Our customers in the service industry verticals need a fully integrated platform to manage their people; which can positively impact their operations and revenue. Weve seen PeopleMatter add customers and scale their business at an incredible rate while developing new products and features faster than any of their competitors.

$ Funding

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Amount $7.2M Total raised
Date May 3, 2011 Announcement date
Investors CloudQuote , PeopleMatter, Noro-Moseley Partners, Intersouth Partners, C&B Capital, Harbert Management Corporation Lead investors
Company http://www.peoplematter.com Funded company

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EduTech - learning

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CloudQuote
$1M to $5M