Oyster Closes on $20 Million Investment Led by Emergence Capital
LONDON and SAN FRANCISCO, Feb 2, 2021 /PRNewswire/ --
Oyster, the HR platform for globally distributed companies, today announced it has completed a $20 million Series A investment led by
Emergence Capital, less than a year after raising a $4.2M
seed round. Spurred by the rapid acceleration of distributed working during the pandemic, Oyster has grown quickly by enabling companies to manage growing and geographically distributed workforces in over 100 countries.
Renowned SaaS investor
Jason Green, who has led funding for Zoom, Salesforce, Bill.com, and others, is the lead investor. Additional investors include the Slack Fund and Connect Ventures. The investment will accelerate Oyster's rapid growth and support its mission of enabling people to work from anywhere.