The company plans to use the money from the recent fundraising round to expand its suite of workflow automation tools and to pursue more enterprise clients, among other things.
Funding came from early-stage venture capital firm Sierra Ventures, which led the round of financing. Existing investors in Paro, including Revolution Ventures, KGC Capital and Tom Williams, also participated.
Paro works from both the supply and the demand side, according to Alexa Lemmo, business development manager for partnerships. The company has built up a cadre of highly qualified accounting and finance professionals interested in temporary work, and then works with client companies to determine their staffing needs, so it can best match them with the talent they need.
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