WageWorks takes home $20M to deliver employee benefits

WageWorks, maker of a web-based platform that makes it easier for employers to provide and manage benefits programs for their workers, has brought in $20 million in promissory notes, stock and warrants, according to a filing with the SEC. Based in San Mateo, Calif., the company is backed by Advent International, Camden Partners, VantagePoint Venture Partners and Arrowpath Venture Partners.


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