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ShapeUp Raises $7.5 Million to Expand Mobile and Global Employee Wellness Offerings

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Published Date 11/5/2013
New funding accelerates development of new applications and tools to meet worldwide demand for solutions to drive employee health and engagement  

ShapeUp, the leading global provider of social networking and incentives-based employee wellness solutions, announced that it has raised $7.5 million in new funding. This financing round, comprised of $5 million of equity from venture capital firms Cue Ball Capital and Excel Venture Management and $2.5 million of debt from Silicon Valley Bank, will fund strategic investments in mobile technology and global capabilities to drive member engagement and expand platform accessibility. ...
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