Posts Tagged ‘recruiting’

Exclusive: Jobvite Recruits $15 Million In Funding For Social Hiring Applications

May 17th, 2011 05:17 admin View Comments

The socialization of the Web has brought about changes to how, when and where we communicate with each other over the Internet. The same goes for companies who now look for and hire new staff by using online software, social networks and whatnot, although that shift – to what is often referred to as ‘social recruiting’ – is perhaps far less visible.

Jobvite, a developer of software that enables companies to leverage the social Web for finding and hiring new employees, was one of the first to spot this trend a few years ago, and the startup is today growing faster than ever. We’ve learned that the company has raised $15 million in Series C funding, underscoring its momentum.

The financing round, which brings the total of capital raised by Jobvite to over $30 million, was led by Trident Capital and joined by previous backers CMEA Capital and ATA Ventures.

John Moragne, co-founder of Trident Capital, will join the company’s board.

Jobvite offers social recruiting applications used by over 500 companies today – its customer base has grown to 600 percent the size it was just two years ago – and counts well-known Internet companies such as Zappos, Yelp, Groupon and Twitter among its clients. Other notable customers include WholeFoods and Starbucks.

The company offers its Web-based social recruiting apps and an applicant tracking platform on a subscription basis, which center around driving referral hires by leveraging dozens of social networks and other digital communication platforms. Notably, the software isn’t designed to be used exclusively by recruiters or hiring managers, but can easily be used by all employees.

Jobvite also provides realtime analytics, allowing managers to see the status of searches, identify areas for improvement and optimize recruiting spend.

The company claims its customers hire 10 percent of referral applicants compared to 1 percent of general applicants. Jobvite cites examples from its customers TiVo, whose referral hires have risen from 23 percent to 39 percent in three years, and Shutterfly, who it says hires referral candidates at 12 times the rate of applicants from other sources.

Jobvite competitors include Firefish, Sendouts and Taleo, among many others.

Also read: The Resumator Raises $700,000 For Social Recruiting Solution

Source: Exclusive: Jobvite Recruits $15 Million In Funding For Social Hiring Applications

The Resumator Raises $700,000 For Social Recruiting Solution

May 6th, 2011 05:23 admin View Comments

Pittsburgh-based The Resumator, which aims to “take the hassle out of hiring”, has secured $700,000 in funding led by Rincon Venture Partners, with Paige Craig, ff Venture Capital and Christopher Muchenchhoff participating.

The Resumator is a graduate of the May 2009 AlphaLab program, a startup accelerator program run by seed stage investor Innovation Works, which also participated in the round.

The company offers Web-based social recruiting and applicant tracking tools that allow employers to promote job openings and efficiently review incoming resumes. No more inboxes filling up with cover letters and heavy attachments, but instead a centralized environment where multiple people within one company can collaborate to rank, track and discuss candidates.

Customers include well known tech startups like Evernote, Tumblr, Bump and Klout.

Founder and CEO Don Charlton says they built the service to support the needs of what he calls “deputized hiring managers”, employees in SMBs that often have no formal experience recruiting and not much free time, but are nonetheless tasked to manage the hiring effort.

Charlton tells me that The Resumator had been growing steadily from their small Pittsburgh office since its 2009 launch, and that there were having trouble making connections with investors on the West Coast. In an effort to solve that problem, the startup signed up for AngelList and says it was able to quickly secure the round thanks to that move.

The Resumator has now raised close to $1 million in financing.

Source: The Resumator Raises $700,000 For Social Recruiting Solution

Engineers Recruit Engineers With Hackruiter

February 21st, 2011 02:07 admin View Comments

Previously video-hiring service HireHive, the founders behind Y Combinator-backed Hackruiter have taken the next logical step in being solving the problem of hiring good people, and have actually become recruiters themselves. While we’ve chronicled the Silicon Valley talent crunch in a number of ways, we’ve never covered a startup actually attempting to disrupt the process of engineering recruiting. Until now.

Says founder Nicholas Bergson-Shilcoc, “A lot of people approach hiring as a purely technical problem. We think there’s a lot of value in approaching it from a human standpoint as technical people.”

What makes Hackruiter special is that founders Bergson-Shilcoc and David Albert are actually the ones doing the recruiting(!). Having engineering backgrounds gives them a leg up on other recruiting services like Top Prospect and Pursuit because qualifications that sound arcane to non-technical recruiters actually mean something to them. They’re not just matching up words on a resume to words on a job description.

Says Bergson-Shilcoc, “We are hackers ourselves so when we talk to people they’re not just a bunch of buzzwords or key words, we can actually do an intelligent [job] match.”

The Hackruiters also is relatively transparent with their offerings. They’ll you that you can find a job on the Quora jobs page, have an API for all their listings and don’t require applicant exclusivity. They ‘ll also increase your chances at finding a good fit, by offering relevant recommendations: If you want to work at Quora because you like Python and C++, there’s a good chance you’d be interested in Dropbox which is also a Python and C++ shop.

“Big companies like Google and Microsoft can go to colleges and recruit. Small startups don’t have the budget for that,” says Albert. Despite starting small, Hackruiter is selective about who they will work with and only work with good companies, who provide references for engineers (It’s usually the other way around). While not precluding eventually recruiting for a Google or a Twitter, they are starting with startups because those are the companies they know the best and the ones that most hackers never hear about.

The Hackruiters are kicking off their offensive in March by travelling across the country through New York, Boston, San Francisco and Mountain View, meeting people who want to work at or just learn working at smaller startups. If you’re not near any of the three stops, you can ping them for a Skype chat here.

Source: Engineers Recruit Engineers With Hackruiter

How To Find Bad Programmers

April 9th, 2010 04:16 admin View Comments

AmberShah writes “The job post is your potential programmer’s first impression of your company, so make it count with these offputting features. There are plenty of articles about recruiting great developers, but what if you are only interested in the crappy ones?” I think much of the industry is already following these guidelines.

Source: How To Find Bad Programmers