PeopleDoc, a NYC-and Paris, France-based provider of document and employee relationship management systems, raised $17.5M in Series B funding.
Backers included Accel Partners and previous investors Alven Capital and Kernel Investissements.
The company intends to use the funds to grow in the US and Europe.
Led by CEO & Co-Founder Jonathan Benhamou, PeopleDoc provides a cloud-based SaaS platform that allows large companies to control HR globally with reduced administrative costs. The platform features a suite of complementary products centered on its digital file management system, which allows HR departments and organizations to organize, access, and track their employee and policy information.
It counts over 150 companies as customers, including Starbucks, Total, Dow Chemical and Motorola.