October 12 - 08:10
HR tech startup Personio raises $270m
Personio, an HR platform targeted at small businesses, has raised $270m in new funding. The investment round values Personio at $6.3bn. Take-up of the company's software has soared this year; in January it had 3,000 customers, and it now has more than 5,000. Personio helps organisations streamline HR processes and eliminate paperwork. With this new cash, it will expand into workflow automation.
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