Tiger Global Leads $100M Series C Financing of Moka
Gunderson Dettmer represented client Tiger Global as it led the $100 million Series C financing of Moka, a SaaS-based HR platform. The Beijing-based company intends to use the new capital to further develop SaaS-based HR solutions and scale up its efforts in recruiting and training team members.
In the announcement of the transaction, partner at Tiger Global Wang Pengfei said, "Moka is committed to delivering a first-class experience to the user by providing them with SaaS-based HR solutions, a commitment that is in line with our philosophy. I am thrilled to cooperate with Mr. Li in this investment and I am confident that under his leadership, Moka is well-positioned to consolidate its leadership in the Chinese market by empowering more organizations with its premium solutions. "
The Gunderson deal team was led by Zhen Liu and included Ying Zhu and Kai Sheng.