Mistral Venture Partners joins Ceipal's $7.5 mln growth round
Ceipal Corp, a Rochester, New York-based cloud human resource management platform, has raised US$7.5 million in its latest financing. U.S. growth equity firm Resolve Growth Partners backed the deal, as did Canadian early-stage venture capital firm Mistral Venture Partners, an existing investor. Founded in 2015, Ceipal provides a software-as-a-service platform that automates front- and back-office business operations of staffing companies. It serves more than 1,000 customers and 12,000 recruiters globally. The funds raised will be used to scale Ceipal's product development, sales and support teams.
26 April 2019•3 mins read
