Among the participating venture capital firms are T. Rowe Price Associates, Y Combinator Continuity Fund, General Catalyst, MSD Capital (Michael Dell), Dragoneer Investment Group, CapitalG, Kleiner Perkins. Xero recently named Gusto as the preferred payroll provider for Xero’s customers in the United States. The partners will develop deeper integration, expected to be completed by early next year with upcoming features to include a single, sign-on to provides customers with the ability to access Gusto accounts using their Xero credentials.
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GUSTO NABS $140 MILLION Featured
Online payroll vendor Gusto has raised $140 million in Series C venture funding. The San Francisco, Calif.-based company, which was launched in 2012, said proceeds will be used to invest in new features and additions to its platform.
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