Entelo, a San Francisco, CA-based provider of enterprise software for data-driven recruiting, closed a $12m Series B financing.
The round was led by venture capital firm Shasta Ventures with participation from existing investor Battery Ventures.
The company intends to use the funds to further accelerate growth, particularly in the enterprise and mid-market segments.
Led by Jon Bischke, CEO and co-founder, Entelo combines machine learning, predictive analytics, behavioral listening and social signals to allow recruiting organizations to identify, qualify and engage with talent.
The company’s newest technology, Entelo Stack, leverages data science, machine learning, and directed scoring to automatically rank inbound applicants, allowing recruiters and hiring managers to be more productive and improve key metrics such as quality of hire, time to hire, and cost per hire.
Entelo currently has over 425 customers including Facebook, Cisco, UPS, Ameriprise Financial, Atlassian, Avery Dennison, Campbell Soup Company, Capital One, Cummins, Dell, Frontier Communications, Genentech, Oracle, Owens Corning, PG&E, SurveyMonkey, The Honest Company, Trinet and TripAdvisor.
FinSMEs
25/05/2016