German HR start-up Personio just secured a $75 million funding round led by Accel, which values the company at close to $500 million.
Hanno Renner, 29, was a yacht skipper while at college in Munich and began Personio with a group of three friends.
Before he became a tech entrepreneur, Renner was a student at Germany's Technical University of Munich, where he had an unusual job to accompany his college studies. Renner says he found the inspiration to start Personio after one of his friends, who at the time was chief technology officer of a company with 100 employees, was having trouble organizing recruitment and payroll processes without any dedicated software.Microsoft's
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