HR technology continues to expand as a global market. Swingvy lands $7 million, backed by Samsung, to take core HR into APAC. This is the second HR technology investment from Samsung that we’re aware of.
From Straits Times:
SINGAPORE – Human resources (HR) platform startup Swingvy has raised US$7 million ($9.5 million) in a Series A round led by Samsung Venture Investment Corporation (Samsung Ventures), Samsung Group’s venture capital business.Samsung Ventures led the round with participation from UK insurer Aviva’s venture capital arm, Aviva Ventures, and Bass Investment. Existing investors Walden International and Big Basin Capital also participated, bringing total funding to US$8.6 million.