Electronic Commerce Secures $40M Growth Investment from Frontier Capital

Electronic Commerce, Inc. (ECI), an Elkhart, IN, cloud-based human capital management (HCM) platform for the entire employee lifecycle, secured a $40m majority growth investment from Frontier Capital.

The investment will support ECI in enhancing its platform, providing resources to accelerate customer on-boarding and implementation, expanding sales and marketing efforts, and possible acquisitions to add new features to the platform.

Led by Jeff Lacy, president and CEO, ECI provides Empower, a software-as-a-service platform designed to accommodate the HCM requirements of mid-size organizations. Featuring a single source cloud-based delivery platform, it offers a unified database and capabilities to cover the entire employee lifecycle from pre-hire to retire delivering the ability to streamline communication, automate workflows and simplify the user experience across a full scope of employee administration requirements.



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