A spokesperson said, "We are using the funding primarily to hire across the board. Now that we will be able to support businesses nationwide in the next week or so." Also participating in the funding round were Emergence Capital Partners and Ribbit Capital and existing investors including General Catalyst, Kleiner Perkins Caufield & Byers and Google Ventures.Last modified on Tuesday, 07 April 2015
ZenPayroll Raises $60 Million
Cloud company ZenPayroll has raised $60 million in a round of funding led by Google Capital. The investment brings the company's total funding to $86.1 million. The San Francisco, Calif.-based company operates in 47states and the District of Columbia and will be in all states by the end of the month. ZenPayroll launched operations in California in 2012. It employs 84 people.