Zenefits Gets $500 Million In Latest Round Of Funding With A Valuation of $4.5 Billion

237991v6-max-450x450Manage and automate all of your HR systems—online, in one place—for free is the tagline for Zenefits, a San Francisco based company founded by Parker Conrad and Laks Srini in May 2013. And within a short span of two years the company has raised multiple rounds of funding totaling $581 million that includes the new round of funding it announced today.

Zenefits announced it has raised $500 million in its Series C round of funding. And the post-money valuation for Zeneifts is $4.5 billion. Fidelity Research and Management company  and TPG lead the latest round of investments that included Insight Venture Partners, Founders Fund, Khosla Ventures, and Ashton Kutcher’s and Guy Oseary’s Sound Ventures. Other previous investors include  Andreessen Horowitz and Institutional Venture Partners (IVP). And here is a surprise – actor and musician Jared Leto, who was introduced to Zenefits by Aaron Levie of Box. Leto invested in Series…

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