Mystery funding of the day? That’d be YesGraph, a stealthy startup in the recruiting space founded by Ivan Kirigin, a former product manager at Facebook and Dropbox.
Kirigin today secured $1.2 million of a $1.8 million round, according to a Form D. A total of seven angel investors participated in the funding.
“The financing has enabled us to build a good product and hire talent — there is a lot that is hard about this space,” said Kirigin on a phone call.
Kirigin would not say much about the product at this stage. But he did reveal that YesGraph is building tools for tech companies to improve the hiring experience — and not just the “output.” To that end, Kirigin just released a survey, an attempt to find patterns in how startups make their first hires.
“Companies have a hard time hiring good people — we are trying to help them,” he added.
Sponsored by VB
Serial entrepreneur Kirigin is also the founder of a micro-payments service called Tipjoy, which both Facebook and Twitter considered acquiring, TechCrunch reported. After negotiations fell through with Facebook, the company made Kirigin an offer, and he joined in 2009 to work on a virtual currency product. He would later join Dropbox, where he claims on his LinkedIn page to have helped drive growth 12X over 2 years.
Investors in Kirigin’s previous company Tipjoy include Chris Sacca and Y Combinator founder Paul Graham.
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