Ascentis Obtains $7,000,000 New Funding

  • Feed Type
  • Date
    1/22/2015
  • Company Name
    Ascentis
  • Mailing Address
    11040 Main St Bellevue, WA 98004 USA
  • Company Description
    Ascentis Payroll (formerly Instapay) was created in 1980 by EBS OnLine, a California payroll services company. The organization flourished through a focus on exceptional customer service and real-time payroll processing.
  • Website
    http://www.ascentis.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Ascentis is committed to the necessary resources required and will invest the capital in development of next generation HCM products, as well as expanding its U.S. presence and penetration through various go-to-market strategies, both directly and through key business partnerships.
  • M&A Terms
  • Venture Investor
  • Venture Investor

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