HR platform HiBob raises USD150 million, valued at USD2.7 billion
Categories: Hi-Tech
Israeli company HiBob has raised USD 150 million in its latest fundraising round, with today’s valuation believed to be approximately USD2.7 billion.
HiBob, which develops a platform for HR management, and has raised approximately USD 150 million annually over the past three years, accumulating a total of around USD 574 million in funding since its inception.
The recent fundraising round was led by Farallon Capital, in collaboration with Alpha Wave Global and existing investors. This is the first time that Farallon Capital, which has around USD50 billion in assets under management, is investing in an Israeli company.
BFP & Co. advised long-time client HiBob, with Taylor Wessing.
