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New Investment Round Positions Company As Leading Recruiting Software Provider
Created by
Lynn Lievonen
Content
10/29/2012 – Pittsburgh, PA– The Resumator, a next-generation hiring platform, announces the completion of its Series B financing totaling $2.1 million. The new round was led by Birchmere Ventures, Series A lead investor Rincon Venture Partners, and cloud computing leader Salesforce.com. Innovation Works and ff Venture Capital also participated in the round.
The Resumator is quickly becoming the best solution of fast growing organizations like both 2012 U.S. presidential campaigns and industry leaders like Pinterest, Mashable, Klout, MailChimp, HootSuite, Atari, Instagram and Tumblr. The Resumator's integrated social media features and recruiting tools make finding, sorting and reviewing applicants easy.
Skills tests and applicant tracking software allow employers to analyze applicants before and after they are interviewed. The collaborative interface makes the process more engaging and transparent for every person involved. Most importantly, The Resumator is by far the easiest hiring platform to use and understand. Even for users with no past hiring experience, The Resumator makes hiring simple.
“We’re helping the great people of today create the great companies of tomorrow. The Resumator gives small and medium sized business owners a voice to hire talent,” said Don Charlton, CEO and Founder of The Resumator. “We build products that enhance the relationships between job seekers, employers, and employees. Our significant growth and customer base is proof that we have a fundamentally different approach to how companies use software to recruit. This approach is less about automation and more about helping people collaborate.”
Sean Ammirati, Partner at Birchmere Ventures, will join The Resumator’s board. “I was impressed how The Resumator has fast become the leading hiring platform for small to medium sized businesses in just three years,” said Ammirati. “The Resumator has proven that it adds immediate value to growing organizations and is seeing strong demand in 2012. I’m excited to be part of the opportunity to build on this success in 2013.”
The Resumator stands as one of the most innovative recruiting solutions for progressive, fast growing businesses. "The Resumator continues to win business from legacy solutions as some of the highest profile, fastest growing companies in the world are adopting its unique solution,” said John Greathouse, General Partner, Rincon Venture Partners. “This investment is further validation that The Resumator offers a competitive advantage to its customers, allowing them to quickly and efficiently hire the right people, for the right jobs, at the right time.”
The company will use the new funding to accelerate product innovation, expand its leadership team, increase customer acquisition and secure strategic partnerships.
About The Resumator:
The Resumator is a software company dedicated to helping great people build great companies. Since 2009, its ground-breaking Software-as-a-Service (SaaS) applicant tracking, social recruiting and job marketing platform has continually attracted some of the fastest growing companies in the world. The Resumator has helped thousands of employers streamline the hiring process to be more collaborative, cost effective, and even fun. For more information and to start a free trial, visit TheResumator.com.
About Birchmere Ventures:
Since 1996 Birchmere Ventures has partnered with entrepreneurs to help build high-growth technology companies. The firm with offices in Palo Alto, CA and Pittsburgh, PA has over $200 million under management and is proud to have funded innovative companies that make a positive impact while also delivering strong returns for our investors. Birchmere's companies have achieved a cumulative market valuation of $14 billion, leading to Preqin's recognition of Birchmere as being among the highest-performing venture groups in the industry for well over a decade.
http://www2.theresumator.com/e/14442/2012-10-29/29xqr/57857892
About Rincon Venture Partners:
Rincon Venture Partners seeks to partner with extraordinary entrepreneurs and assist them as they build world class businesses. The firm invests in early stage web-based businesses that are founded by experienced and cohesive teams, employ proven business models, and have a clear path to profitability with modest capital requirements. Rincon’s partners combine deep operating expertise with decades of professional investing experience to provide entrepreneurs with “full-stack” guidance and support. Sectors of particular emphasis include SaaS, online marketing platforms and services, and online commerce.
http://www2.theresumator.com/e/14442/2012-10-29/29xrf/57857892
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