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Personio, HR software provider for SMBs, raised $75m to expand across Europe

Munich based HR software for SMBs raised $75m at a $500m valuation led by Accel.

Companies like SAP and Oracle “will always be focused on the enterprise space, the BMWs of the world,” said Renner. “We are trying to help those companies that currently don’t have solutions in the market tailored to their needs.”

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hr, europe