Tiger Global Bets on Wrapbook, Vaulting It to Unicorn Status
- Andreessen, A-Star participated in $100 million funding round
- Wrapbook makes payroll software for entertainment firms
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Tiger Global Management led a $100 million equity funding round for Wrapbook that values the maker of payroll software for the entertainment industry at $1 billion.
Other participating investors include Andreessen Horowitz, Jeffrey Katzenberg’s WndrCo, Uncork Capital, Equal Ventures and Kevin Hartz’s A-Star Partners, Wrapbook co-founder and Chief Executive Officer Ali Javid said in a phone interview.