Undisclosed investors helped the Digital Garage, Nissen and Tokio Marine & Nichido-backed human resources software provider raise fresh funding at a $1.56bn valuation.
SmartHR, a Japan-based employee management software provider backed by corporates Digital Garage, Nissen and Tokio Marine & Nichido, has secured ¥12.5bn ($115m) in series D funding, Nikkei reported on Friday.
The participants in the round were undisclosed and it reportedly valued the company at roughly $1.56bn, lifting its overall funding to more than $185m since it was founded in 2013.
Originally known as Kufu, SmartHR has built a cloud-based platform which helps organisations automate and digitalise human resources-related processes including…
