Seattle-based compensation software and data provider PayScale announced today that it has received a minority investment from Mercer, a New York-based publicly-traded consulting company. As part of the investment deal, the two companies will also form a strategic alliance to help create new compensation data software solutions. Both companies will help one another distribute their respective products around the globe. Terms of the deal were not disclosed. Susan Haberman, senior partner and global leader at Mercer, will join the PayScale board of directors. Founded in 2002, PayScale is ranked No. 7 on the GeekWire 200 list of Pacific Northwest startups.

Like what you're reading? Subscribe to GeekWire's free newsletters to catch every headline

Job Listings on GeekWork

Find more jobs on GeekWork. Employers, post a job here.