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Namely Raises $11 Million and Launches Benefits Offering

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NEW YORK--(BUSINESS WIRE)--Namely, the leading HR software platform for high-growth companies, today announced an investment of $11 million led by Matrix Partners with additional funding from True Ventures, Lerer Hippeau Ventures, Greenspring Global Partners and Vayner/RSE. This capital comes as a follow-on to Namely’s Series B round at the end of 2014, a year of record growth in which the company grew sales more than 700 percent and quadrupled its client base. Namely allows fast-growing small-

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