Paylocity, an Arlington Heights, Ill.-based provider of payroll and HR solutions, has raised $10 million in Series A funding from Adams Street Partners. VentureWire reports that the pre-money valuation was north of $60 million.
PRESS RELEASE
Paylocity, one of America's fastest growing providers of payroll and HR solutions, announced today that it has formed a strategic partnership with Adams Street Partners, one of the nation's oldest and largest private equity firms.
