The funding environment may have changed in recent months, but startups with strong fundamentals are still able to raise. Merge, a startup that offers an API integration service with a focus on HR, payroll and accounting systems (among others), today announced that it has raised a $55 million Series B round led by Accel, with participation from existing investors NEA and Addition. With this, Merge has now raised a total of $75 million.
Talking about fundamentals, Merge also today announced that its ARR grew 30x in the past 12 months. Over 2,500 companies, including the likes of TripActions, Ra
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