CDP Group Raises Funding
CDP Group Ltd., a Shanghai, China-based provider of ‘human capital management’ services, has raised an undisclosed amount in Series C funding.
The round was led by China Broadband Capital, with participation from existing investors Investor AB and CSV Capital Partners.
The company intends to use the capital to enhance its management team, sales force and operation capacity, extend the range of services and R&D capability on its products and services, and to build amln advanced internet based cloud computing platform for its ‘One-Stop HCM Services’.
Founded in 2006 by Mr. Wayne W. Wang, Chairman and CEO, CDP provides a full set of comprehensive HR Managed Services of Payroll Outsourcing, Benefit Outsourcing, HR On-demand, HR Shared Services, Performance On-demand, Recruitment Services, Expatriate Services and other Value-added Services.