Here’s our roundup of all the notable funding news from today:
Payroll and benefits software company Zenefits announced today that it has raised $66.5 million in a second round of institutional funding. This round is coming in only a few months after its first round in January and less than a year and a half after its launch. Zenefits makes cloud-based software that takes care of companies’ payroll and other HR administrative tasks. Cofounder Parker Conrad started Zenefits after realizing how much of a hassle the old way of managing these things was while at his previous startup SigFig.
Read more on VentureBeat: VCs gave Zenefits $66.5M — because even they don’t want to deal with HR paperwork
Your “friends” and “followers” may not always care about the crap you post on Facebook, Twitter, and other social sites, but big brands sure do — and marketing software startup Offerpop helps them take advantage of that content. Today Offerpop announced $15 million in new funding. The startup makes cloud-based tools that help consumer brands find and capitalize on relevant social content, from Instagram photos and Vine videos to tweets and Tumblr rants.
Read more on VentureBeat: Offerpop turns your tweets & Facebook posts into ads — & it just got $15M
Driptech takes $225K
Driptech, a startup focused on building better irrigation systems in areas that don’t have much water, has raised just under $225,000, according to an SEC form D filed today. The startup is seeking up to $750,000 in the funding round, with most of that yet to be sold.
Read more here.
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