Tiger Global Leads Lattice Funding Round at $1 Billion Valuation

  • Human resources tech startup raises $60 million in new funds
  • CEO says it helps fix the dreaded employee performance review

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Lattice, a startup that make software for human resources departments, is raising $60 million at a $1 billion valuation in a funding round led by Tiger Global Management.

The company’s latest value is up from $450 million last year, a representative for Lattice said, and it has now raised $158 million to date. Existing investors Thrive Capital, Shasta Ventures, Founders Fund, Frontline Ventures, Fuel Capital and Khosla Ventures also participated in the new round.