Authoria raises $22.5 million

Authoria Inc. of Waltham announced today a new round of debt and equity financing totaling $22.5 million.

The Waltham company is a provider of on-demand talent management solutions that help companies recruit, develop, compensate, retain, and engage employees.

Authoria said that new investors in the round included Horizon Technology Finance of Farmington, Conn., and Velocity Financial Group, a Chicago firm with a Massachusetts office in Wakefield.
(By Chris Reidy, Globe staff)