Why is ZenPayroll important

ZenPayroll, provider of a cloud system that automates tax and payroll accounting, receives $ 86.1 million. Google leads the financing round with $ 60 million.

In a new financing round, ZenPayroll will receive a total of 86.1 million US dollars. Google is participating in this round as the main investor with around 60 million US dollars. Other donors include Emergence Capital Partners, Ribbit Capital, General Catalyst and Kleiner Perkins, reports uk.businessinsider.com.

The start-up ZenPayroll offers a cloud-based system that automates tax and payroll accounting. The company was founded three years ago in San Francisco and is now valued at around $ 560 million. ZenPayroll wants to be active in all US states by the end of the month.

But it is not only the operating radius and the assets of the start-up that are growing, but also the number of employees. At the beginning of the year ZenPayroll employed 60 people, now there are over 84. By the end of 2015, ZenPayroll is expected to have more than 300 employees.

Worldwide mobile phone flat rate

Google is currently also planning a worldwide mobile phone flat rate, reports TheTelegraph. The search engine giant is said to be negotiating with the Hong Kong company Hutchison Whampoa. The group operates mobile networks in numerous countries under the name "Three".

Google's acquisitions in 2015