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Salesforce Backs HiBob at $3.2 Billion Valuation
Salesforce has backed HR software firm HiBob in a funding round that values the startup at over $3.2 billion, according to people familiar with the matter.
The investment, led by Salesforce and including participation from Farallon Capital Management, totals $160 million, with Salesforce providing the majority of funds.
This latest backing highlights Salesforce's continued expansion into human resources software, a sector it has increasingly focused on in recent years.