German HR and recruitment start-up Personio has secured €35 million in a series B funding round led by venture capital firm Index Ventures.

Founded in 2015, Munich-based Personio said it plans to continue product development and expand its team and operation into more European markets.

According to siliconcanals.nl, Personio’s digital solution, ‘The HR Operating System’, enables enterprises to store and manage all employee data and HR functions in single place covering attendance, leaves, approvals, payroll, employee documents, performance, reporting, and employee onboarding. The company’s HR solutions platform manages more than 150,000 employees serving in over 1,000 companies across 35 countries.

Hanno Renner, co-founder and CEO of Personio commented, “We will use the resources to invest into building the best product for current and future customers. In 2019, we will expand into new European markets. Our international team, which doubled in the last 12 months to 150 employees from 27 different countries, will continue to significantly grow in all functions.”