OnShift's employee scheduling software is designed for pain-free maintenance of shift, emergency, and on-call scheduling in the long-term healthcare industry. Clearly, hospitals and other long-term care providers have taken note, because the Cleveland-based company has been enjoying exponential growth of late. OnShift's customer acquisitions increased more than 500 percent year-over-year, and the software solutions company continues to add staffers.

A new $2.3 million venture capital investment will be used to accelerate OnShift's sales and marketing efforts while adding to its already expanding market share. This round of funding was led by Draper Triangle Ventures of Pittsburgh and involves all of OnShift's existing investors, which include local investors Early Stage Partners, JumpStart, Inc., North Coast Angel Fund, LLC, and Glengary LLC.

OnShift's software is used by hospitals and other long-term care facilities for automated scheduling, employee communications and automated call-off and open-shift scheduling. The company was recognized earlier this year by NEOSA, the COSE Technology Network, as Best Emerging Company.

Jonathan Murray, managing director of Early Stage Partners, notes that "OnShift has consistently delivered shareholder value by acquiring and serving customers and is on a significant growth trajectory." Bob Lauer, a partner with Glengary LLC, echoes the enthusiasm of other OnShift investors. "We are anticipating strong results in 2011 based on the use of new funding to expand and accelerate sales and marketing efforts," Lauer says.

SOURCE: OnShift
WRITER: Diane DiPiero