Achilles Group Raises $2.5M in Series A Funding

The Achilles Group, a Houston-based provider of outsourced human resources services, announced Thursday that it has concluded its initial traunch of venture financing after raising $2.5 million. Achilles said it will use the money to expand its services and locations throughout the Southern United States. Achilles credited the Ephor Group, also of Houston, and Chicago's First Analysis for funding the round. Achilles said Ephor will provide advisory services and growth capabilities, while First Analysis will contribute its industry expertise and service. The Achilles Group was founded in 2002 by JP Magill, Bill Bradshaw and Arch Payne. More information »