Switzerland based employee compensation startup beqom has raised $35m in new venture funding from Goldman Sachs. Created in 2009, beqom’s total compensation and performance management solution enables large global organizations to manage the reward of their people without compromise. Several big rounds in payroll and compensation platforms recently!
Switzerland--(BUSINESS WIRE)--beqom, the provider of a cloud based total compensation solution, announced today a $35m investment by Goldman Sachs. The purpose of this investment is to accelerate beqom’s worldwide growth by reinforcing its global presence, increasing the direct sales force and further developing indirect sales channels. “We initially spotted beqom because we had identified the market they are in as a strong opportunity for growth,” says Chris Resch, Executive Director, Private Capital Investing at Goldman Sachs. “When we later met with beqom, we saw a unique solution with an impressive customer list and a very experienced team.”