If the injection of capital indicates popularity, recruiting is a hot commodity.
Resumator, a recruiting software that finds use from Major League Baseball, HubSpot, and Wedding Wire, snagged $15 million in financing today. The company will use the funds to expand its internal teams, create new products, develop new partnerships, and delve further into its current markets.
This round was led by Boston-based Volition Capital. Previous investors, Birchmere Ventures and Rincon Venture Partners also participated along with newcomers Riverfront Ventures and Blue Cloud Ventures. This brings Resumator’s total investments to $18 million.
Resumator works with over 2,000 companies in 63 different countries to help them identify and hire people quickly. It works primarily with those in the technology, media, and entertainment industries. The software itself helps to shorten the recruiting process and improve passive recruiting so the best workers are naturally more attracted to suitable companies.
The Resumator was founded in 2009 by Don Charlton. It currently has 40 employees and is based in Pittsburgh. Back in 2010, the company landed its first $100,000 in seed funding to get its social recruiting and tracking tools off the ground.
This isn’t the only recruiting platform to receive funding in recent months. In May, Jibe picked up $20 million in its third round of funding. And back in April, Work4 raised $7 million for its social and mobile recruiting tools.
Volition Capital is a growth equity firm that principally invests in high potential, founder-owned companies across different technology sectors. The firm specializes in partnering with foun... All Volition Capital news »
The Resumator designs the leading recruiting platform that enables you to swiftly find the best talent ideally suited to your business and position. With our innovative tools, scalable workf... All Resumator news »