SoftBank backed the human resources platform developer in what is being billed as the largest series A round in Latin American history.

Buk, a Chile-based human resource management software secured $50m in a series A round featuring internet and telecommunications group SoftBank on Tuesday at a valuation of $417m. Technology investor Greenoaks Capital is the other investor in the round, which ostensibly makes Buk the third highest valued venture-backed private company in Chile, trailing only grocery delivery…

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