Presidio Ventures has reinvested in HR software developer Hibob as part of a series A-plus round that increased its overall funding to $45m.
Hibob, a UK-headquartered human resources software provider, has secured $20m in a series A-plus round featuring Presidio Ventures, a corporate venturing subsidiary of diversified conglomerate Sumitomo.
Eight Roads Ventures, a venture capital arm of investment and financial services group Fidelity, also took part in the round, an extension to Hibob’s $17.5m series A in April 2017, as did Bessemer Venture Partners (BVP), Battery Ventures and Arbor Ventures.
Founded in 2015, Hibob has created a cloud-based software platform that incorporates human…
