Summit Partners Makes Investment in PeopleAdmin
Summary
AUSTIN, TX and BOSTON, MA--(Marketwire - September 8, 2008) - PeopleAdmin, Inc., a leading provider of on-demand human resources software and solutions for higher education and public sector organizations, announced today that it has received an investment from Summit Partners, a private equity and venture capital firm that has raised more than $11 billion since inception. Founded in 2000, PeopleAdmin delivers a suite of human resources (HR) modules that provides applicant tracking, position description, and performance management systems designed to fulfill the unique requirements of higher education and public sector organizations. PeopleAdmins solutions are fully hosted using a Software-as-a-Service (SaaS) model that ensures quick implementation, eliminates paper and manual tasks, improves efficiency and service levels, and supports HR compliance initiatives. The high retention rate of PeopleAdmins customers in a market that demands excellence is a testament to the quality and value of the solutions they offer," said Jason Glass, a Vice President at Summit Partners. The company provides applicant tracking, position description, and performance management systems using a fully hosted, Software-as-a-Services (SaaS) model that eliminates paper and manual tasks, improves efficiency and service levels, and supports HR compliance initiatives.
Classifications
AskAI Classifications
LabelsLinked Companies
