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Namely Announces Move to New Austin Office Space to Support Rapid GrowthNEW YORK, Aug. 9, 2017 /PRNewswire/ -- Namely, the leading HR platform for mid-sized companies, today announced the company is expanding its Austin presence with a new downtown office and has launched a new product offering, Managed Services. In addition, the company released trend insights culled from its expansive US customer data, uncovering that Austin employees come in above-average for employee loyalty. Headquartered in New York, Namely first opened a North Lamar office in December of 2015. Today, the company is moving downtown, with room for rising headcount. This expansion is due to the company's rapid business growth in the central region: From the first half of 2016 to the first half of 2017, Namely has increased sales by nearly 200% in the region. Namely's growth in this area matches the continued growth of mid-market companies in Texas, which require HR solutions that are tailored to their unique needs. "We've been big fans of Namely since we partnered with them a little over a year ago, and as a fellow Austin tech company, we're excited to see their local presence grow. We absolutely love Namely because they have helped transform our company culture, and they make i easy and seamless to have HR, payroll, and benefits under one umbrella," says Ariel Lopez, Culture and Geek Resource Manager at Geek Powered Studios. Employee Data Insights: Austin Employees Stay Longer
New Product Launch of Managed Services
"I'm so proud of our Austin team and the tremendous growth we've seen over the past year," says Matt Straz, Namely's Founder and CEO. "Austin is home to many exciting mission-driven companies, and we're proud to give them access to the HR technology that helps them grow and attract great people in a competitive market." About Namely Namely is used by over 800 clients with over 125,000 employees globally. Headquartered in New York City, the company has raised $157.8 MM from leading investors, including Altimeter Capital, Scale Capital, Sequoia Capital, Matrix Partners, and True Ventures. For more information, visit www.namely.com. View original content with multimedia:http://www.prnewswire.com/news-releases/namely-announces-move-to-new-austin-office-space-to-support-rapid-growth-300501785.html SOURCE Namely |