Flush with $6 million, the Institute for Corporate Productivity plans to expand its product suite.
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Human Capitalists: Renewed interest in the business role of human resources
surfaced with the announcement that the Institute for Corporate Productivity, a
St. Petersburg, Florida, research organization, is receiving $6 million in
private financing from several institutional investors. Leading the funding were
IDG Ventures Boston and Trinity Ventures of Menlo Park, California. The
institute, formerly known as the Human Resource Institute, provides research on
workforce productivity and other business issues. Officials say the funding will
be used for marketing, product expansion and technology.
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