HiBob secures $166M as annualized revenue exceeds $400M
Cloud-based HR platform HiBob has raised $166 million, with Salesforce contributing the majority of the capital. Farallon Capital, which led its prior round at a $2.7 billion valuation, also participated. The funding follows the company surpassing $400 million in annualized revenue.
Sources: siliconangle.com
“The round underscores enterprise SaaS’s resilience amid broader funding slowdowns, with Salesforce’s involvement signaling confidence in HR tech’s scaling potential.”
Read the original reporting
This is a short summary. The outlets below did the reporting.
- HR software startup HiBob raises $166M after annualized revenue tops $400M — siliconangle.com
This brief was drafted automatically from the sources above and published under our editorial policy. Spotted an error? Tell us.