AbsenceSoft: Receives Strategic Investment From Norwest Venture Partners

AbsenceSoft Receives Strategic Investment From Norwest Venture Partners

  • AbsenceSoft, a Palo Alto, Calif.-based SaaS total absence and leave management platform provider, received an investment from Norwest Venture Partners
  • The amount of the deal was not disclose
  • As part of the investment, Rob Arditi and Ran Ding of Norwest will join the company’s board of directors
  • The company intends to use the capital to expand operations and its portfolio of solutions
  • The company provides companies of all sizes and in every industry with a cloud-based Total Absence Management platform to manage FMLA, ADA, Disability
  • Founded in 2013, the company is today recognized as a leader in SaaS solutions for the absence/leave management industry
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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