Wednesday, September 28, 2011

Achievers Lands $24.5M For Employee Rewards Service

San Francisco-based Achievers, which develops an online service for motivating and rewarding employees, said today that it has added $24.5M in a Series C funding round. The firm--formerly known as I Love Rewards--said the round was led by Sequoia Capital, and also included existing investors JLA Ventures, GrandBanks Capital and the Ontario Venture Capital Fund. Achievers is headed by Razor Suleman, and serves enterprise firms with more than 500 employees, offering up a platform to provide recognition and rewards to employees who reach company goals. More information »