The Israeli investment arm of Access Industries joined Workday Ventures to help bring the human resources software provider's overall funding to $89.5m.
Israel-based payroll management software developer Papaya Global has received $40m in a series B round backed by Workday Ventures, the corporate venturing arm of enterprise software publisher Workday.
The round was led by Scale Venture Partners and included ClalTech, the Israel-focused investment arm of industrial group Access Industries, in addition to Insight Partners, Bessemer Venture Partners, New Era Capital Partners, Group 11 and Dynamic Loop Capital.
Founded in 2016, Papaya markets cloud-based enterprise software that automatically manages the payroll of…
