GoldK Raises Another $7 million in Venture Capital

GoldK has received $7 million in additional venture capital backing from Lazard Technology Partners and TH Lee Putnam Ventures. Both firms have invested before the current Series C round.

GoldK specializes in providing low-cost 401(k) plans, particularly for sponsors with smaller plans. The capital will be used to "extend GoldK’s lead" in that area and affirms the company’s success to date, said Jeff Miller, president and CEO. "There can be no greater endorsement of GoldK's accomplishments and our future than their renewed financial commitment."

Both investors lauded the company’s management team. "As investors, we’re excited by what the company has achieved and where it is headed," said Jim Brown, managing director of TH Lee Putnam Ventures.

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Money Management Executive
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