General Catalyst Leads $20 Million Investment in ZenPayroll

ZenPayroll, a San Francisco-based startup that makes software that small businesses can use to automate payroll tasks, has raised a $20 million investment led by General Catalyst and with participation from Kleiner Perkins. The company’s software also integrates with other back-office applications from third parties. “That’s the kind of sophistication that used to be available only for larger companies,” said General Catalyst’s Hemant Taneja, who is joining the board.

This article originally appeared on Recode.net.

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