CloudPay Garners $16,000,000 Series B Financing Round

  • Feed Type
  • Date
    12/6/2012
  • Company Name
    CloudPay
  • Mailing Address
    3128 Highwoods Blvd Raleigh, NC 27604 USA
  • Company Description
    CloudPay services payroll requirements with one integrated and comprehensive solution, accessible 24 hours a day, 365 days a year, anywhere. The CloudPay platform is a fully multi-tenanted solution which is configured to adapt to customer requirements and supports integration with existing operation on-premise and cloud-based enterprise technologies and solutions.
  • Website
    http://www.cloudpay.net
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $16,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    This strategic round enables CloudPay to consolidate its innovative SaaS platform as the standard for multi-national payroll management and further accelerate the strong growth that it has experienced in the last 18 months.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor

Trending on Xconomy