Deel raises $300m despite corporate spying claims

Deel CEO Alex Bouaziz

A tech firm embroiled in Ireland’s most high-profile corporate spying scandal has raised $300m (€257m) and is now valued at $17.3bn.

Deel, which provides a HR and payroll platform for businesses globally, announced a $300m strategic investment from new investor Ribbit Capital along with long-time backers including Andreessen Horowitz and Coatue Management. The investment round valued Deel at $17.3bn.

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