US-based human resources technology provider Gusto raised $140m in a series C round yesterday that included CapitalG, the investment arm of internet and technology conglomerate Alphabet formerly known as Google Capital.
MSD Capital, Dragoneer Investment Group, Y Combinator Continuity Fund, General Catalyst, Kleiner Perkins Caufield and Byers (KPCB), 137 Ventures, Emergence Capital and portfolios managed by T. Rowe Price Associates also invested in the round.
Founded in 2011 as ZenPayroll, Gusto has developed a cloud-based platform that enables companies to…
