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PeopleMatter Receives Second Venture Capital Funding

Friday, May 06, 2011 5:54:00 AM PDT | VentureDeal Staff

   North Charleston, South Carolina  --  Software company PeopleMatter has raised $7.2 million in its second round of institutional venture capital investment.

PeopleMatter has developed a complete system for finding, evaluating, managing and retaining employees.

Noro-Moseley Partners led the round, which also included previous investors C&B Capital, Intersouth Partners and Harbert Venture Partners.

The company said it would use the financing to expand its sales and marketing efforts as well as continue product development.

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