Leading Talent Management Provider for the Service Industry to Accelerate Growth and Fuel Active Product Pipeline
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PeopleMatter, a talent management software provider for the service industry, has raised $7.2 million in a second round of funding led by Noro-Moseley Partners. Previous investors, C&B Capital, Intersouth Partners, and Harbert Ventures, participated.
“We’s done extensive market research on the talent mangement industry,” said Mike Elliott, Noro-Moseley Managing Partner, who joins the company’s board. “PeopleMatter’s unconventional platform integrating the consumer, employee and employer in targeted, service based vericals is poised for substantial growth.”
The company sells a comprehensive talent management solution delivered on a software-as-a-service (SaaS) platform. It includes tools to hire, schedule, learn, and egnage the hourly workforce for the hospitality, retail and food service industries.
The company says it plans to use the funding to expand its sales and marketing in North America and to fuel an active product pipeline. That sounds as if they’ll be doing some hiring. That’s one plus that doesn’t get mentioned often enough when companies up their funding: it generally also means more people are going to be landing jobs.
The company launched its product in September 2010. Customers include Flash Foods, Noodles and Co., Boloco and Papa Gino’s.
The company began in the incubator offices of Charlston’s Flagship in 2009.
For more information, please visit www.peoplematter.com
Matt Lafata, HRchitect