TSheets, an Eagle, Idaho-based time tracking company, received $15m in growth equity funding.
Summit Partners, a global investor with over 30 years of experience in technology, healthcare and other growth sectors, made the investment.
The company intends to use the funds to increase the size of its reach and workforce by several factors.
Led by Matt Rissell, co-founder and CEO, TSheets provides a cloud-based (mobile and online) time tracking solution to employees, employers (plus their accountants and payroll managers) in 100+ countries.
The company currently has 80 employees in Eagle and in a newly opened branch office in Sydney, Australia.