PerformYard Raises Funding from CIT GAP Funds

PerformYard, an Arlington, VA-based startup that provides enterprise software for employee performance and human resources information, raised funding from CIT GAP Funds.

The amount of the deal was not disclosed.

The company intends to use the funds to accelerate growth into 2014 with new product enhancements and expansion of our sales team.

Led by CEO and co-founder Ben Hastings, PerformYard provides a people management solution that creates a collaborative environment by encouraging active participation by all employees.
The platform uses uses a combination of HR data, feedback, status reporting, goals and performance reviews to allow employees to document achievements and feedback in real-time.



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