Tech Company Financing Transactions

Paylocity Funding Round

Paylocity secured a $10 million Series A financing round on 5/16/2008. Investors included Adams Harkness Ventures.

Transaction Overview

Company Name
Announced On
5/16/2008
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors

Adams Harkness Ventures (Jeffrey Diehl)

Proceeds Purpose
"This new partnership and capital investment will enable Paylocity to draw on Adams Street Partners' business relationships to accelerate growth, enhance our products, and reach new audiences," CEO Steve said Sarowitz.

Company Information

Company Status
Publicly-held
Industry
Software
Mailing Address
1400 American Ln.
Schaumburg, IL 60173
USA
Email Address
Overview
Paylocity (NASDAQ: PCTY) was founded in 1997 and is the preeminent provider of Web-based SAAS (Software-as-a-Service) payroll and human resource solutions for mid-sized companies.
Profile
Paylocity LinkedIn Company Profile
Social Media
Paylocity Company Twitter Account
Company News
Paylocity News
Facebook
Paylocity on Facebook
YouTube
Paylocity on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Steve Beauchamp
  Steve Beauchamp LinkedIn Profile  Steve Beauchamp Twitter Account  Steve Beauchamp News  Steve Beauchamp on Facebook
Chief Information Officer
Brad Schaufenbuel
  Brad Schaufenbuel LinkedIn Profile  Brad Schaufenbuel Twitter Account  Brad Schaufenbuel News  Brad Schaufenbuel on Facebook
President
Michael Haske
  Michael Haske LinkedIn Profile  Michael Haske Twitter Account  Michael Haske News  Michael Haske on Facebook
VP - Bus. Development
Jenifer Page
  Jenifer Page LinkedIn Profile  Jenifer Page Twitter Account  Jenifer Page News  Jenifer Page on Facebook
VP - Client Services
John Taylor
  John Taylor LinkedIn Profile  John Taylor Twitter Account  John Taylor News  John Taylor on Facebook
VP - Engineering
Robert Goldstein
  Robert Goldstein LinkedIn Profile  Robert Goldstein Twitter Account  Robert Goldstein News  Robert Goldstein on Facebook
VP - Human Resources
Jay Schedler
  Jay Schedler LinkedIn Profile  Jay Schedler Twitter Account  Jay Schedler News  Jay Schedler on Facebook
VP - Operations
Mark Kinsey
  Mark Kinsey LinkedIn Profile  Mark Kinsey Twitter Account  Mark Kinsey News  Mark Kinsey on Facebook
VP - Product Management
Ted Gaty
  Ted Gaty LinkedIn Profile  Ted Gaty Twitter Account  Ted Gaty News  Ted Gaty on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/16/2008: ChipVision Design Systems venture capital transaction
Next: 5/16/2008: Novasys Medical venture capital transaction

 

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