The Sumitomo and Seek-backed employee management software provider hiked its total funding to $274m in a round valuing it at $1.65bn.

Hibob, a UK-based human resources software provider backed by online recruitment marketplace Seek and conglomerate Sumitomo, raised $150m yesterday in a series C round led by growth equity firm General Atlantic. Eight Roads Ventures, a venture capital branch of investment and financial services group Fidelity, also took part in the round, as did Bessemer Venture…

The rest of this content is only accessible to Corporate Venturing: News, Data, and Events - Global Corporate Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.