Cloud-based talent management solution provider, Seera, has appointed Newport Capital to undertake a $10m A Round capital raising in support of its immediate plans for offshore growth.
The company said the new investment round will enable Australian-based Seera to further capitalise on its current position within the Cloud-based talent management solutions space, as well as accelerate its Asia-Pacific growth roadmap with the opening of its first international office in Singapore this year.
This move follows the company’s recent announcement of a new channel program launch and that it is seeking new partners to expand its local reach.
Seera CEO and founder, Bradley Birchall, said participation and backing from existing collaborative channel alliances, including Microsoft, are major contributors to Seera’s growth strategy.
“Our affiliation with ASX listed companies such as Rhipe, as well as our affiliation with Microsoft, have been a driving force behind our growth and Asia-Pacific expansion. A strong presence in Asia-Pacific is crucial to attract the right interest as we scale globally and aim to significantly improve HR efficiencies worldwide,” Birchall said.
According to Birchall, Newport Capital’s involvement solidifies Seera’s defined strategy to support local expansion and accelerate international growth in the lead-up to a possible ASX listing.
Newport Capital chairman, Lou Richard, said he is convinced the new technology has the ability to break into the Asia-Pacific market and beyond.
“We’re really excited to be working with Seera to see their innovative competency framework solution reach its full potential and set new benchmarks in Asia-Pacific and across the globe.
“Seera has a clear strategy and a strong model that is well aligned with the needs of offshore companies looking for talent management solutions,” Richard added.