- Remote, a San Francisco, CA-based provider of an HR technology platform for international payroll, benefits, and compliance, raised $35m in Series A funding.
- The round was led by Index Ventures with participation from Sequoia Capital, and angel investors including Aaron Levie, Zach Weinberg, and Kevin and Julia Hartz
- Previous investors General Catalyst and Two Sigma Ventures are also participating
- The company, which has also raised $46m to date, intends to use the funds to expand operations and its business reach
- Remote, a fully distributed company with its own legal infrastructure in every country where it operates
- This provides customers with security for IP and invention rights, guarantees international compliance
