The San Francisco-based startup brought in $20 million in Series A funding from investors General Catalyst and Kleiner Perkins. The new installment, combined with the more than $6 million it received in December of 2012, brings the company’s total funding to just over $26 million.
It plans to use the funds to build new features and create add-ons to existing features, such as:
- Increase payroll automation
- Help employers build stronger bonds with employees
- Help employees better understand their finances