Namely Garners $30,000,000 New Round

  • Feed Type
  • Date
    2/23/2016
  • Company Name
    Namely
  • Mailing Address
    195 Broadway 15th Floor New York, NY 10007 USA
  • Company Description
    Namely is the first talent management platform built for the professional services industry—specifically advertising. Namely enables agencies to manage their teams, retain key employees and grow revenues.
  • Website
    http://www.namely.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $30,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    With its additional funding, Namely will continue to invest in its core HR, payroll, and benefits technology and operations, remaining focused on helping mid-market companies streamline their end-to-end HR process, address evolving regulatory challenges, and increase employee engagement. The company will also expand its integrations, enabling companies to seamlessly manage employee data across all their HR and finance systems.
  • M&A Terms
  • Venture Investor
    Sequoia Capital
  • Venture Investor
    Matrix Partners
  • Venture Investor
    Greenspring Global Partners
  • Venture Investor
    True Ventures