Oyster Raises $50M Series B Funding Round
- Oyster, a London, UK- and San Francisco, CA-based provider of a human resources platform, raised a $50m Series B funding round
- The round was led by Stripes with participation from existing investors Emergence Capital and The Slack Fund and with the addition of Avid Ventures
- The company intends to use the funds to expand its HR platform to more countries around the world
- The company is an HR platform for globally distributed companies
- It enables growing companies to hire anywhere in the world with compliant payroll and local benefits and perks
- The company has also expanded its country coverage to 91 countries which account for more than 95% of the employable knowledge workers of the world
