Light Street Capital has led the Digital Garage, Nissen and Tokio Marine & Nichido-backed human resources software provider’s series D round.

SmartHR, a Japan-based cloud human resources software provider backed by corporates Digital Garage, Nissen and Tokio Marine & Nichido, raised ¥15.6bn ($142m) in series D funding yesterday.

Investment manager Light Street Capital led the round, which was first reported by Nikkei last month. Arena Holdings, Greyhound Capital, Signifiant’s The Fund, Sequoia Heritage and Sequoia Capital Global Equities, Whale Rock Capital Management and an undisclosed company also took part in the round.

Founded in 2013 Kufu, SmartHR has built an…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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