Sequoia Capital China Joins $15M Series B Round In Joyowo.Com

Sequoia Capital China has joined a RMB100 million (US$15 million) series B round of financing in, a Hangzhou-based online human resources service firm, according to a company announcement (in Chinese).

Tsing Ventures, Meridian Capital China and others also participated.

Sequoia Capital China and Meridian Capital China were existing investors and made an undisclosed series A in the start-up previously.

Founded in 2014, provides online human resource outsourcing services to small and medium enterprises.

It claims to have nearly 1,000 employees and serves companies in over 400 cities in China.

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