Hibob Secures $150M Series C Funding Led By General Atlantic To Help Midsize Businesses Modernize Hr In The Evolving World Of Work

Hibob – the company behind 'bob', the HR platform that is changing the work experience for fast-growing, mid-sized businesses and their employees – today announced $150 million in Series C funding. The round was spearheaded by General Atlantic, a leading global growth equity firm, with participation from existing investors including Bessemer Venture Partners, Battery Ventures, Eight Roads, Entrée Capital, and others. This round brings the company's total investment to $274 million since Hibob was founded in late 2015. This new funding will be used to drive continued global expansion and develop innovative work tech modules that are designed to support customers' growth.