Salary.com today announced the company has secured $67M in funding in a financing round led by Accel-KKR Credit Partners, Centre Lane, and Wells Fargo Capital Finance. Salary.com was advised by Raymond James. Prior investors H.I.G. Capital and Salary.com management also participated.
As a leading industry innovator, Salary.com recently launched a series of new products, including the Pay Equity Reporting Toolkit and JobArchitect™, which streamlines the job description management process. The company’s flagship offering CompAnalyst®, offers the largest HR-reported compensation data set needed to market price jobs.
The new capital will be used to accelerate innovation and expand hiring at the industry’s fastest-growing compensation management company.
Announcement: Salary.com Secures $67 Million