Hibob Closes $70M Series B Funding Round to Significantly Expand Market Footprint in HR Technology
NEW YORK AND LONDON, Dec. 10, 2020 /PRNewswire/
Hibob, the HR technology innovator behind the people management platform bob, today announces $70 million in Series B funding led by investors SEEK and Israel Growth Partners (IGP). Promoting the progress of Hibob s mission to simplify people management, culture building, and employee engagement for remote and dispersed workforces, the investment will allow Hibob to drive wider global expansion while contributing to further Hibob product development.
Hibob has raised a total of $124 million to date since its launch in late 2015. The latest funding round follows its 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 have additionally contributed to the current capita