AAA Hired engages more investors for series C

Hired engages more investors for series C

Hired.com, a US-based online recruitment platform backed by mass media company Comcast, has added $30m to a series C round that now totals to $70m, City AM reported yesterday.

The additional capital was provided by investors including public pension fund Ontario Pension Board and wealth advisory firm Glenmede Trust.

Hired raised the $40m first tranche in February 2016 from Comcast’s corporate venturing subsidiary Comcast Ventures, as well as Crosslink Capital, Sierra Ventures, Silicon Valley Bank (SVB), Great Oaks and Lumia Capital.

Established in 2012, Hired operates an online marketplace that connects employers to candidates for tech and sales jobs. The company focuses on high-skilled workers, with only 5% to 8% of  every 10,000 applicants being successful.

Hired currently has 17 offices across six countries, including one it opened in Australia last week. The fresh funding will allow the company to enter additional markets across mainland Europe and Asia.

The round brings Hired’s total funding to approximately $103m. Comcast Ventures previously supported a $15m series B round in 2014, investing alongside SVB, Lumia, Crosslink, Sierra, SoftTech VC and Sherpa Ventures.

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