Free press releases distribution network?

More news: Software
Agency / Source: Ascentis

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Ascentis Receives Funding from Catalyst Investors - Ascentis Corporation announced it has secured funding from Catalyst Investors, a technology-focused growth equity firm - CatalystInvestors.com / Ascentis.com
Ascentis Receives Funding from Catalyst Investors

 

PRZOOM - /newswire/ - Bellevue, WA, United States, 2012/12/06 - Ascentis Corporation announced it has secured funding from Catalyst Investors, a technology-focused growth equity firm - CatalystInvestors.com / Ascentis.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Ascentis Corporation, a market leader in easy-to-use human resources software, online payroll services, and human capital management (HCM) solutions, today announced it has secured funding from Catalyst Investors, a technology-focused growth equity firm. Ascentis’ software-as-a-service (SaaS) technology increases productivity by automating HR and payroll processes, reducing costs, and providing meaningful insights into organizational trends.

The new capital comes after a record year of growth for the Bellevue, Wash.-based HCM software company. In September Ascentis announced extraordinary growth for the first half of 2012 and a 76% increase in new clients over the same time period in 2011, as well as the inclusion on the JMP Securities Hotlist 100 for the second year in a row. In addition, Ascentis recently released powerful new analytics capabilities that visualize performance data and workforce trends, and mobile-optimized HRIS and employee self-service.

“We are extremely pleased about Catalyst as an investor in Ascentis and the addition of members of Catalyst to the Ascentis board,” said DJ Chhabra, CEO of Ascentis. “Catalyst has a strong track record in growing SaaS companies and we’re excited to work with them to leverage this recent investment to support our growth initiatives which include a substantial investment in product development, sales and services.”

"Ascentis differentiates itself from other vendors in the rapidly growing HCM space with both its commitment to superior client experience and its innovation in product development,” said Tyler Newton, partner and research director with Catalyst Investors. "Catalyst is thrilled to partner with DJ and his team and to support Ascentis in its next phase of growth.” Ascentis is ramping up investment in research and development, and adding new features and capabilities to its already powerful portfolio of solutions. This additional investment will deliver new capabilities that current and future clients can use to address their HCM needs.

About Ascentis

Ascentis (ascentis.com) offers easy-to-use workforce management HRIS ,online payroll and timekeeping solutions that support greater business efficiency and accuracy. Ascentis technology automates critical processes such as full scale benefits management, compliance, online open enrollment, time and attendance, real-time payroll processing, tax filing, applicant tracking, employee and manager self-service and reporting. One point of data entry means employee information is accurate, up-to-date and reportable. Electronic submission of information to insurance carriers eliminates errors and supports a paperless open enrollment process. Ascentis offers world-class customer service and continues to add software offerings to its portfolio of workforce and human capital management solutions.

About Catalyst Investors

New York-based Catalyst Investors (catalystinvestors.com) is a growth equity firm focused on technology-enabled services including cloud computing, wireless infrastructure and digital media. Catalyst was founded in 2000 and is investing its third fund. A proactive investor, the firm draws on its extensive industry expertise to work in true partnership with management to build long-term value. Past and present Catalyst portfolio companies include Aloha Partners; InSite Wireless Group; Latisys; MessageLabs; MediaMath; MINDBODY; Nine Systems; WeddingWire; and Xplornet.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Ascentis

 
 

Availability: All Metropolitan Area

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Ascentis Receives Funding from Catalyst Investors

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Heather Bansemer - Ascentis.com 
800-229-2713 x174 marketing[.]ascentis.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Ascentis securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Ascentis / Company Profile


Read Software Most Recent Related Press Releases:

Korean Retailer Homeplus Optimizes Store Planning with JDA Category Management
IBM and Pfizer to Accelerate Immuno-oncology Research with Watson for Drug Discovery
The VELUX Group to Drive Smart Product Innovation with Implementation of PTC Windchill Across the Enterprise
KPIT Takes A Strategic Stake in A Germany Headquartered Automotive Engineering Services Company
Pegasystems Named Silver Winner for Best New Product of the Year in Best in Biz Awards 2016
Kentico Releases its Most Enterprise-Ready Solution Yet
OneLogin Delivers First-Ever Multi-Environment AWS User Resource Provisioning
Mahindra and IBM to Develop Blockchain Solution for Supply Chain Finance
Toyota Motor Corporation Approves Mentor Graphics Volcano™ VSTAR AUTOSAR Stack for Deployment in Toyota Vehicles
Wiley Launches New Spectra Lab Applications to Help Scientists Manage Analytical Data

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  Triggr & Bloom

Visit  JobsWare.com

Visit  BizJobs.com







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today