Greek startup raises $1.5 million to expand its cloud-based recruitment platform

TECHi's Author
Opposing Author Venturebeat Read Source Article
Last Updated
TECHi's Take
Sal McCloskey
Sal McCloskey
  • Words 71
  • Estimated Read 1 min

Workable, a startup founded in Athens, Greece, that has developed a cloud-based recruitment platform for SMEs, has today confirmed a new investment of $1.5 million led by Greylock IL, the Israel/UK-based affiliate of Greylock Partners, an early investor in LinkedIn which now counts LinkedIn co-founder Reid Hoffman as a partner. Previously, Workable had raised some $950,000 from individuals and the Greek seed investors Openfund, with the latter also participating in this round.

Venturebeat

Venturebeat

  • Words 111
  • Estimated Read 1 min
Read Article

Online job application platforms (aka, where career dreams go to die) are challenging. Candidates hate them, employers can’t use them, and everyone ends up blaming each other for the hiccups. European recruiting player Workable just received $1.5 million to help it make recruiting a smoother ride for everyone involved. Greylock IL led the round, which now brings Workable to a total of $2.45 million in funding. The company had previously picked up $950,000 in seed funding from Jeremie Openfund II and other investors. In a $14 billion human resources tech market, Workable is putting all its efforts into making sure its product takes a bite out of as much of the apple as possible.

Source

NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.

Balanced Perspective

TECHi weighs both sides before reaching a conclusion.

TECHi’s editorial take above outlines the reasoning that supports this position.

More Two Takes from Venturebeat

Tinder users at SXSW are trying to hook up with a robot
Tinder users at SXSW are trying to hook up with a robot

A profile has been popping on Tinder this week for users in Austin. Many of the attendees of the SXSW…

The Wikimedia Foundation is suing the DOJ and the NSA
The Wikimedia Foundation is suing the DOJ and the NSA

The Department of Justice and the NSA are being sued by the Wikimedia Foundation with the goal of ending "this mass…

Check out Pinterest’s first annual transparency report
Check out Pinterest’s first annual transparency report

Transparency reports have pretty much become a must-have for Internet companies, with the big companies like Facebook and Google releasing massive…

Steam Machines will cost you anywhere from $460 to $5,000
Steam Machines will cost you anywhere from $460 to $5,000

We've already established that Valve's highly-anticipated Steam Machines will finally be hitting the market this November, but what will the…