Online payroll software company ZenPayroll said Monday that Google Capital is leading a $60 million round of funding, bringing its total funding to date to $86.1 million. Other participants in the funding round include Emergence Capital Partners and Ribbit Capital, as well as existing investors General Catalyst, Kleiner Perkins Caulfield & Byers and Google Ventures. ZenPayroll was set up in 2012 to service companies in California. The company now processes annual payroll for more than 10,000 small businesses across the U.S.
Copyright © 2015 MarketWatch, Inc.