VC-backed HR software company TribeHR to be acquired by NetSuite
Waterloo, Ontario-based TribeHR, a provider of human capital management software solutions, has agreed to be acquired by NetSuite Inc (NYSE: N), a vendor of cloud computing business management software suites based in San Mateo, California. The acquisition price was not disclosed. Founded in 2009, TribeHR currently has more than 450 customers operating in over 50 countries. The company, which also has an office in Boston, Massachusetts, has been backed by Canadian venture capital firm Relay Ventures and U.S.-based Matrix Partners since 2011.
22 October 2013•5 mins read
