Warburg Pincus backs China-based HR tool developer
Warburg Pincus has led an extended Series B round worth RMB130 million ($19 million) for GaiaWorks, a China-based software-as-a-service provider of workforce management solutions, with participation from Matrix Partners China and Genesis Capital.
This extension brings the total funding raised by GaiaWorks to RMB200 million to date. Matrix joined the Series A round last year, while Genesis led a RMB50 million Series B round in February. Suzhou-based...
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