VC-backed Benevity acquires Silicon Valley's Versaic
Benevity Inc has bought Versaic Inc, a San Mateo, California-based software company that helps manage corporate giving and social responsibility activity. No financial terms were released. Benevity, a Calgary-based online workplace giving, matching, volunteering and community investment software provider, said the acquisition, which comes on the heels of last month's buy of TrustCSR, will expand its grant management offerings. Established in 2008, Benevity in January secured an investment from General Atlantic. The company is also backed by JMI Equity.
29 March 2018•3 mins read
