Yellow Canary, a Sydney-based software start-up that promises to help businesses beat the growing scourge of wage theft and incorrectly paid entitlements, has closed an $11 million funding round, as it aims to ramp up operations take advantage of businesses’ need to comply with stiffening laws.
The company developed an automated technology platform that lets employers manage workforce compliance obligations across employee payments, entitlements, superannuation and taxes, and attracted the investment primarily from venture capital firm Parc Capital.
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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com
