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Google Capital led a $60 million investment in ZenPayroll

With 10,000 small businesses using them to process billions of dollars in payroll annually ZenPayroll just landed $60M from Google Capital valuing the business at $560M

Launched two years ago, ZenPayroll aims to reduce the pain and possibility of error for business owners who hand-process payroll. The San Francisco-based company offers a cloud-based system to automate tax calculations and payroll payments. ZenPayroll's web-based services are already used by 10,000 small businesses.

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payroll