SoftBank supports Beisen in $260m series F

May 12, 2021 • Jordan Williams

SoftBank has invested in Beisen through what the latter claims is the largest investment deal to date for a China-based human resources software provider.

China-based human resources (HR) management software provider Beisen has received $260m in a series F round featuring internet and telecommunications group SoftBank’s Vision Fund 2, DealStreetAsia reported today.

Investment bank Goldman Sachs also took part in the round, alongside financial services and investment group Fidelity International, investment firm Primavera Capital, growth equity firm Genesis Capital and venture capital firms Matrix Partners China, Sequoia Capital China and Shenzhen Capital Group.

Founded in 2002, Beisen operates an online platform called iTalentX which…

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