Frontier Capital Invests in Electronic Commerce, Inc.

Frontier Capital, a growth equity firm focused on established software and technology-enabled business services companies, today announced a $40 million majority growth investment in Electronic Commerce, Inc. (ECI). This investment represents the first from Frontier’s $390 million Fund IV, L.P. and the fifth recent investment in HCM-focused companies.

ECI, based in Elkhart, Indiana, offers a cloud-based, fully unified human capital management (HCM) platform for the entire employee lifecycle. For more information, refer to Frontier Capital’s press release.