Israeli HR tech company Hibob raises $70m
The company s platform strives to simplify people management, culture building, and employee engagement for remote and dispersed workforces.
Israel HR management technology platform company Hibob today announced the closing of a $70 million Series B financing round led by SEEK and Israel Growth Partners (IGP). The new funds will allow Hibob to expand marketing worldwide and continue product development in its efforts to simplify people management, culture building, and employee engagement for remote and dispersed workforces.
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Hibob has raised $124 million to date since it was founded in 2015 by CEO Ronni Zehavi, Amit Knaani, Israel David, and Andy Bellass. The latest funding round follows Series A+ financing in 2019, backed by investors Bessemer Venture Partners, Battery Ventures, Eight Roads Ventures, Arbor Ventures, Presidio Ventures, Entrée Capital, Cerca Partners, and Perpetual Investors - all of whom contributed to t