Tencent participated in the HR management software provider's series D round, which was disclosed together with $50.5m in series C funding.

China-based employee management software producer WorkTrans has secured more than $190m from investors including internet group Tencent across series C and D rounds, DealStreetAsia reported on Friday.

Tencent took part in a $140m series D round featuring CICC Capital, a private equity fund subsidiary of investment banking group China International Capital Corporation, in addition to unnamed other participants.

The company also raised $50.5m in a series C round led by venture capital firm Sequoia Capital China and backed by undisclosed…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Robert Lavine

Robert Lavine is special features editor for Global Venturing.