Hibob closed a Series C of $150 million led by General Atlantic.

Hibob, a London, UK-based developer of HR software, announced closing series C funding round at $150 million.

The money was raised from investors led by General Atlantic, joined by Bessemer Venture Partners, Battery Ventures, Eight Roads and Entrée Capital. The deal values the company at $1.65 billion.

HiBob, founded in 2015 and led by CEO Ronni Zehavi, developed a people management platform called bob which is used y a range of paying customers including Monzo, Revolut, Cazoo, Happy Socks, Ironsource, or Receipt Bank. The company has 1,500 mid-sized customers operating in 134 countries, but right now it says that some 65% of those customers — which include the likes of Ebury Partners Ltd., G.Network, Revolut and Cazoo — are in the U.K. and other European markets.

HiBob previously raised $70 million in Series B funding led by investors SEEK and Israel Growth Partners in 2020.