|By PR Newswire||
|February 27, 2013 01:13 PM EST||
SAN FRANCISCO, Feb. 27, 2013 /PRNewswire/ -- Gild, which is bringing meritocracy to tech hiring through innovative recruiting technologies, announced today the completion of its Series A financing totaling $8 million.
The investment is the largest Series A round in the tech hiring market, and was led by Steve Anderson of Baseline Ventures, with participation from SAP Ventures, Globespan Capital Partners, and legendary Silicon Valley investor Mark Kvamme, an original investor in LinkedIn.
By combining Big Data techniques with patent-pending technology that evaluates developers' skills, Gild has seen its user base increase by more than 900% since its launch in June 2012 and has seen similarly strong sales growth. Recruiting solutions by Gild – specifically Gild Source – are now used by over 65 enterprise companies, such as Box, Red Hat, Rackspace, Zynga and Square.
"Gild's customers told me over and over that they get unparalleled results with Gild's solutions, which help them source and land technical talent. This has me very excited to be a part of that effort," said Steve Anderson, Founder, Baseline Ventures, which has also invested in companies like Instagram, Path, and Heroku. "Of all of the companies offering tech recruiting solutions, Gild is by far the fastest growing company in both revenues and customer growth. We like how they differentiate on deep data science and meritocracy. I expect them to use this funding to invest even more heavily in ensuring the success of their customers and to make further gains in the market."
"We've been using Gild for several months and Gild has consistently given us new candidates that we now know are good, but wouldn't have found elsewhere--the 'hidden talent,' so to speak," said Kenny Mendes, Head of Recruiting at Box. "That's tremendously valuable, when so many companies are going after the same pool of candidates identified by other social recruiting tools."
Gild will use the new funding to expand the science backing its offerings, accelerate product innovation and meet rising customer demand.
"The amount of the round and the caliber of investors feels like real validation of our model and of the team we have assembled," said Sheeroy Desai, Co-Founder and CEO of Gild. "The market is telling us that hiring and recruiting are ready for what we bring to the table: how to utilize Big Data to uncover and evaluate top developer candidates based on actual skills, rather than pedigree or personal connections."
Gild is powered by proprietary technology that scours the web for information on developers, including their public code and contributions to developer forums, and then utilizes patent-pending algorithms to score the skills of the millions of developers it finds. This lets companies move past the noise in today's recruiting arenas and hire based on merit alone--finding the developer who really can do the work, regardless of location, SEO keywords or social connections.
"From the start, Gild has positioned itself as a forward thinker focused on meeting the needs of a new paradigm of recruiting practices," said Bryan Power, Director of Talent at Square. "By offering tools that allow recruiters to quickly sift through large pools of candidates--and match the specific skills and idiosyncrasies of the candidate with the hiring organization--Gild helps identify hidden talent that traditional methods might miss, building better teams at a lower cost."
For more information on Gild, visit: http://www.gild.com/company/press
HR and recruiting have been begging for innovation. That's why Gild is here. Gild exists to bring meritocracy to the professional world by providing hiring solutions that illuminate who's talented. Companies use Gild's patent-pending hiring solutions to find and engage the best candidates out there. Unlike professional networks and job boards, Gild's solutions tell companies how good different prospects are, and provide the social insights hiring teams need to engage prospects effectively. Launched in 2011, Gild is backed by Baseline Ventures, SAP Ventures, and Globespan Capital Partners and is headquartered in San Francisco, CA.
For press inquires contact:Merredith Branscombe for Gild
Leap! Public Relations
email: [email protected]
Twitter:@Merredith Jennifer Shanks for Gild
Leap! Public Relations
email: [email protected]
SYS-CON Events announced today that Verizon has been named "Gold Sponsor" of SYS-CON's 15th International Cloud Expo®, which will take place on November 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Verizon Enterprise Solutions creates global connections that generate growth, drive business innovation and move society forward. With industry-specific solutions and a full range of global wholesale offerings provided over the company's secure mobility, cloud, strategic network...
Oct. 21, 2014 06:00 AM EDT Reads: 1,227
Blue Box has closed a $10 million Series B financing. The round was led by a strategic investor and included participation from prior investors including Voyager Capital and Founders Collective, as well as the Blue Box executive team. This round follows a $4.3 million Series A closed in December of 2012 and led by Voyager Capital. In May of this year, the company announced general availability of its private cloud as a service offering, Blue Box Cloud. Since that release, the company has dem...
Oct. 21, 2014 05:45 AM EDT Reads: 1,131
Ixia develops amazing products so its customers can connect the world. Ixia helps its customers provide an always-on user experience through fast, secure delivery of dynamic connected technologies and services. Through actionable insights that accelerate and secure application and service delivery, Ixia's customers benefit from faster time to market, optimized application performance and higher-quality deployments.
Oct. 21, 2014 05:00 AM EDT Reads: 895
SimpleECM is the only platform to offer a powerful combination of enterprise content management (ECM) services, capture solutions, and third-party business services providing simplified integrations and workflow development for solution providers. SimpleECM is opening the market to businesses of all sizes by reinventing the delivery of ECM services. Our APIs make the development of ECM services simple with the use of familiar technologies for a frictionless integration directly into web applicat...
Oct. 20, 2014 10:00 PM EDT Reads: 1,566
The only place to be June 9-11 is Cloud Expo & @ThingsExpo 2015 East at the Javits Center in New York City. Join us there as delegates from all over the world come to listen to and engage with speakers & sponsors from the leading Cloud Computing, IoT & Big Data companies. Cloud Expo & @ThingsExpo are the leading events covering the booming market of Cloud Computing, IoT & Big Data for the enterprise. Speakers from all over the world will be hand-picked for their ability to explore the economic...
Oct. 20, 2014 07:00 PM EDT Reads: 1,859
Cloudwick, the leading big data DevOps service and solution provider to the Fortune 1000, announced Big Loop, its multi-vendor operations platform. Cloudwick Big Loop creates greater collaboration between Fortune 1000 IT staff, developers and their database management systems as well as big data vendors. This allows customers to comprehensively manage and oversee their entire infrastructure, which leads to more successful production cluster operations, and scale-out. Cloudwick Big Loop supports ...
Oct. 20, 2014 05:45 PM EDT Reads: 1,634
To manage complex web services with lots of calls to the cloud, many businesses have invested in Application Performance Management (APM) and Network Performance Management (NPM) tools. Together APM and NPM tools are essential aids in improving a business’s infrastructure required to support an effective web experience… but they are missing a critical component – Internet visibility. Internet connectivity has always played a role in customer access to web presence, but in the past few years use...
Oct. 20, 2014 05:00 PM EDT Reads: 1,636
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, will discuss how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP ...
Oct. 20, 2014 05:00 PM EDT Reads: 1,806
Software AG helps organizations transform into Digital Enterprises, so they can differentiate from competitors and better engage customers, partners and employees. Using the Software AG Suite, companies can close the gap between business and IT to create digital systems of differentiation that drive front-line agility. We offer four on-ramps to the Digital Enterprise: alignment through collaborative process analysis; transformation through portfolio management; agility through process automation...
Oct. 20, 2014 03:45 PM EDT Reads: 1,585
What are the benefits of using an enterprise-grade orchestration platform? In their session at 15th Cloud Expo, Jeff Tegethoff, CEO of Appcore, and Kedar Poduri, Senior Director of Product Management at Citrix Systems, will take a closer look at the architectural design factors needed to support diverse workloads and how to run these workloads efficiently as a service provider. They will also discuss how to deploy private cloud environments in 15 minutes or less.
Oct. 20, 2014 03:00 PM EDT Reads: 1,644
Headquartered in Santa Monica, California, Bitium was founded by Kriz and Erik Gustavson. The 1,500 cloud-based application using Bitium’s analytics, app management, and single sign-on services include bug trackers, customer service dashboards, Google Apps, and social networks. The firm states website administrators can do multiple tasks online without revealing passwords. Bitium’s advisors include Microsoft’s former CMO and the former senior vice president of strategy, the founder and CEO of Li...
Oct. 20, 2014 03:00 PM EDT Reads: 1,743
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace. ...
Oct. 20, 2014 02:00 PM EDT Reads: 1,576
StackIQ offers a comprehensive software suite that automates the deployment, provisioning, and management of Big Infrastructure. With StackIQ’s software, you can spin up fully configured big data clusters, quickly and consistently — from bare-metal up to the applications layer — and manage them efficiently. Our software’s modular architecture allows customers to integrate nearly any application with the StackIQ software stack.
Oct. 20, 2014 01:00 PM EDT Reads: 1,439
Things are being built upon cloud foundations to transform organizations. This CEO Power Panel at 15th Cloud Expo, moderated by Roger Strukhoff, Cloud Expo and @ThingsExpo conference chair, will address the big issues involving these technologies and, more important, the results they will achieve. How important are public, private, and hybrid cloud to the enterprise? How does one define Big Data? And how is the IoT tying all this together?
Oct. 20, 2014 12:00 PM EDT Reads: 1,581
The Internet of Things (IoT) is going to require a new way of thinking and of developing software for speed, security and innovation. This requires IT leaders to balance business as usual while anticipating for the next market and technology trends. Cloud provides the right IT asset portfolio to help today’s IT leaders manage the old and prepare for the new. Today the cloud conversation is evolving from private and public to hybrid. This session will provide use cases and insights to reinforce t...
Oct. 20, 2014 12:00 PM EDT Reads: 1,813
TechCrunch reported that "Berlin-based relayr, maker of the WunderBar, an Internet of Things (IoT) hardware dev kit which resembles a chunky chocolate bar, has closed a $2.3 million seed round, from unnamed U.S. and Switzerland-based investors. The startup had previously raised a €250,000 friend and family round, and had been on track to close a €500,000 seed earlier this year — but received a higher funding offer from a different set of investors, which is the $2.3M round it’s reporting."...
Oct. 20, 2014 09:00 AM EDT Reads: 1,513
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
Oct. 19, 2014 10:45 PM EDT Reads: 1,936
The Industrial Internet revolution is now underway, enabled by connected machines and billions of devices that communicate and collaborate. The massive amounts of Big Data requiring real-time analysis is flooding legacy IT systems and giving way to cloud environments that can handle the unpredictable workloads. Yet many barriers remain until we can fully realize the opportunities and benefits from the convergence of machines and devices with Big Data and the cloud, including interoperability, da...
Oct. 19, 2014 10:00 PM EDT Reads: 1,473
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. Over the summer Gartner released its much anticipated annual Hype Cycle report and the big news is that Internet of Things has now replaced Big Data as the most hyped technology. Indeed, we're hearing more and more about this fascinating new technological paradigm. ...
Oct. 19, 2014 09:00 PM EDT Reads: 1,727
In his session at 15th Cloud Expo, Mark Hinkle, Senior Director, Open Source Solutions at Citrix Systems Inc., will provide overview of the open source software that can be used to deploy and manage a cloud computing environment. He will include information on storage, networking(e.g., OpenDaylight) and compute virtualization (Xen, KVM, LXC) and the orchestration(Apache CloudStack, OpenStack) of the three to build their own cloud services.
Oct. 19, 2014 11:15 AM EDT Reads: 1,910