The acquisition comes six months after Papaya Global secured $250 million in funding, which brought its valuation to $3.7 billion. 

The Series D funding has more than tripled Papaya Global's valuation, which now stands at some $3.7 billion.

The UK edition of the American tech publication features 10 Israeli 'deep tech' startups and companies generating a buzz.

The new investment brings the payroll and payment management company's total funding to date to $190 million.

Founded in 2016, Papaya Global created an automated process for payroll data management in a platform used across industries.