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CloudPay Solutions

Description

Provider of HR and payroll software and services. The company provides a platform that combines global payroll engine, payroll provider partner network, workflow, analytics and managed services in a secure and compliant service that is delivered using an on-demand, SaaS-based business model. It allows organizations to consolidate and control their multi-national payroll operations using one platform.

1996

Founded

PRIVATE

Status

51-200

Employees

Series B

Latest Deal Type

$16M

Latest Deal Amount

$46M

Total Amount Raised

Description

Provider of HR and payroll software and services. The company provides a platform that combines global payroll engine, payroll provider partner network, workflow, analytics and managed services in a secure and compliant service that is delivered using an on-demand, SaaS-based business model. It allows organizations to consolidate and control their multi-national payroll operations using one platform.

Website:

www.cloudpay.net

Formerly Known As

Patersons HR and Payroll Solutions

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Financial Software

Primary Office

3128 Highwoods Boulevard Suite 160 Raleigh, NC 27604United States +1 (919) 322-5800
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CloudPay Solutions Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

CloudPay Solutions Investors (3)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
GrouponCorporationMinority000 0000000 0000
Pinnacle Investment ManagementInvestment BankMinority000 0000000 0000
Rho VenturesVenture CapitalMinority000 0000000 0000
Groupon Corporation
Pinnacle Investment Management Investment Bank
Rho Ventures Venture Capital

CloudPay Solutions Executive Team (8)

NameTitleBoard
Seat
Contact
Info
Andrew PearsonChief Executive Officer & Board Member
Vic LavilleChief Financial Officer
Paul BartlettPresident, Chief Operating Officer & Board Member
Gareth Hughes Ph.DChief Technology Officer & Head, Development
Tim O'Donoghue Ph.DCo-Chief Technology Officer
Andrew Pearson Chief Executive Officer & Board Member
Vic Laville Chief Financial Officer
Paul Bartlett President, Chief Operating Officer & Board Member
Gareth Hughes Ph.D Chief Technology Officer & Head, Development
Tim O'Donoghue Ph.D Co-Chief Technology Officer

CloudPay Solutions Board Members (6)

NameRepresentingRoleSinceContact
Info
Andrew PearsonCloudPay SolutionsChief Executive Officer & Board Member000 0000
Carl KielSelfBoard Member000 0000
Joshua RuchRho VenturesBoard Member000 0000
Michael Patsalos-FoxSelfBoard Member000 0000
Patrick Wack Jr.Rho VenturesBoard Member000 0000
Andrew Pearson Chief Executive Officer & Board Member CloudPay Solutions
Carl Kiel Board Member Self
Joshua Ruch Board Member Rho Ventures
Michael Patsalos-Fox Board Member Self
Patrick Wack Jr. Board Member Rho Ventures
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