HiBob, an Israel-founded company behind the Bob employee management platform, has completed a US$166 million funding round led by Salesforce, valuing the company at about US$3.5 billion.

HiBob has raised more than US$700 million since it was founded. The new valuation is up from about US$2.7 billion in its previous funding round in September 2023.

Sources familiar with the deal said HiBob plans to use the new capital to pursue acquisitions and expand Bob. The platform provides workforce data and organizational context that can support AI tools and agents.

🔗 Source: Calcalist

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