Hiring Platform Oyster Raises $80 Million in Funding

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Investors are pouring money into recruiting solutions businesses. Oyster, a global platform that enables fully remote companies to hire full-time workers and contractors, has announced a $50 million series B funding round. With this new round Oyster will expand its HR platform to more countries among other things. The round was led by New York-based venture capital and private equity firm Stripes with the continued participation of existing investors Emergence Capital and The Slack Fund. Avid Ventures took part as well. “At Oyster we’ve created the world’s first distributed HR platform, allowing companies to hire, employ, and retain talented employees around the world,”

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