Monday, July 24, 2017

Escape Technology Captures Private Equity Funding

Roseville-based Escape Technology, a developer of budgeting and payroll software for the school district market, has raised a round of private equity funding, the company said last week. The fundng came from Alpine Investors. Size of the funding was not announced. Robert Towery, CEO of Escape, will retire as part of the private equity injection, with Ali Jenab of Alpine Investors taking the role of CEO. Jenab was previously CEO-in-Residence at Alpine Investors. More information »