HireVue, Inc. (www.hirevue.com) a premier provider of video interviewing and decision
management solutions announced the closing of its Series B financing totaling $5
million. The round was led by new investor, Granite Ventures, with participation from
previous investors, including JCP Capital.
“The perfect hiring process should be empowering to a company and its candidates
rather than feeling like a necessary burden,” says Mark Newman, CEO and co-founder
of HireVue. “HireVue makes this possible and we are excited to partner with a firm of
Granite’s caliber to help us build on that vision.”
HireVue pioneered the concept of web based, video-driven interview and decision
management solutions to hire top talent. Over the past 12 months HireVue has
increased sales over 1200 percent and more than doubled its client base with companies
such as PNC Bank, Dow Jones, CDW, Petco, and others.
HireVue’s solutions include both one-way virtual and four-way live video interviews that
are recorded to the HireVue system and used to screen candidates in the hiring
process. HireVue’s proprietary candidate evaluation tools are used to easily compare,
contrast, and assess candidates in a way unlike anything available in the HR technology
space today.
“We invested in HireVue because they not only have a proven business model, but
some of the most passionate customers I’ve ever come across,” said Chris Hollenbeck,
Managing Director of Granite Ventures. “HireVue has the power to revolutionize hiring
as we know it. We fully expect to see HireVue become a standard work application in
the coming years.”
HireVue also announced that Chris Hollenbeck will join its Board of Directors. Mr.
Hollenbeck is currently a Director of companies such as Convio and
Decision View among others.