Funding and Acquisitions Roundup: Namely lands $3.35M in Series A funding for its Cloud-based HR platform

By Editor June 12, 2013

By Brian Kovalesky, StartUp Beat Editor

Today’s early-stage startup funding and acquisitions news:

Cloud-based employee management platform Namely has landed $3.35 million in Series A funding. Investors include True Ventures, Lerer Ventures and Bullpen Capital. Angel investors Mike Lazerow and Gary Vaynerchuk also participated. The New York City-based company says its platform includes Cloud-based performance reviews, team performance measurement, messaging and reporting for internal HR functions. It was founded in early 2012 by Matt Straz, also the co-founder of Pictela, which was acquired by AOL in 2010. Namely previously raised $1.75 million in Seed funding.

Vital Stats:


HQ: New York City

Year Founded: 2012

Founder: Matt Straz

Investors: True Ventures, Lerer Ventures, Bullpen Capital, Mike Lazerow, Gary Vaynerchuk (Series A)

Innovation: A suite of real-time HR and employee performance tools in the Cloud.  

Total Funding: $5.1 million (Seed & Series A)

(Sources: Namely, VentureBeat, PEHub)

More funding and acquisitions news…

Looking Beyond Retargeting, AdRoll Acquires Analytics Startup Bitdeli (via TechCrunch)

Bib + Tuck scores funding to become your infinite fashion swapping closet (via VentureBeat)

Minilogs Raises €200K Because Social Bookmarking Isn’t Done Yet — Apparently (via TechCrunch)

Idomoo picks up $9M to tailor marketing videos to specific customers (via GigaOm)

WorldDesk Launches New Version and Announces $1.25m in Funding (via company press release)

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