Beezy secures a $16M senior secured credit facility from Goldman Sachs Merchant Banking Division to transform Employee Experience in the Enterprise
Summary
SAN FRANCISCO, Jan. 21, 2020 /PRNewswire/ -- Beezy Inc., the Intelligent Workplace solution for Microsoft Office 365, SharePoint and Teams, today announced it has recently closed a $16,000,000 senior secured credit facility from Goldman Sachs Merchant Banking Division to accelerate growth and continue with its ambitious international expansion plan. Beezy currently employs 60 people and expects to double its headcount in 2020 to meet the growing market demand for its leading Intelligent Workplace solution. "We feel honored by this endorsement of the potential for growth and global expansion through the financing provided by Goldman Sachs Merchant Banking Division. The capital inflow will allow us to continue with our R&D investments in Artificial Intelligence and UX of the product, and to scale our world-class customer success practice to cope with the growing market demand. Large customers such as Banco Santander, ZF, Bank of England, CaixaBank, Finning, IHS Markit and many more can now benefit from the full functionality of an intelligent, modern digital workplace that brings together Collaboration, Communication, Knowledge and Processes.
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