The new funding heralds the further expansion of the PageUp People technology platform into the world’s emerging and high growth markets, according to PageUp People CEO Karen Cariss.
She said, “Our strategy to bring best in class SaaS talent management solutions to new markets is reinforced by this investment.
“The majority of our global Fortune 500 and ASX 100 clients have established and growing businesses in high growth regions such China, India, South-East Asia, Latin America and South Africa.
“The demand to service existing clients is naturally drawing us to these markets but will also be a platform for exponential growth of new business.”
Accel-KKR managing director Greg Williams, who has joined the PageUp People board of directors, added, “PageUp People is the latest in our portfolio of premium software companies and reflects both our research and belief in growing market demand for human capital resource management technologies.
“Bootstrapped to date, PageUp People has nonetheless driven consistent double-digit growth rates while building a highly referencable customer base across Australia and beyond.
“We expect our investment to release PageUp People’s potential and substantially accelerate the execution of its strategic plan.”
PageUp People aims to help multinational employers align their talent to execute corporate strategy across borders, business units, cultures and languages to maximise employee value and business results.
The PageUp People service unifies recruiting, performance management, compensation, training & development, career planning, succession management and advanced workforce analytics to help global employers overcome the talent management challenges inherent to operating across multiple geographies.
PageUp People is headquartered in Melbourne, Australia with other offices in Sydney, London, Shanghai and Atlanta.
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