CA-SMARTRECRUITERS
30.6.2016 14:01:52 CEST | Business Wire | Press release
SmartRecruiters , the Hiring Success company, announced today that it has raised $30M in Series C financing, led by New York-based venture capital and private equity firm Insight Venture Partners (IVP).
“SmartRecruiters is the clear leading candidate to disrupt the $3 billion applicant tracking system market,” said Jeff Lieberman, Managing Director, Insight Venture Partners. “We share their vision that recruiting is now a C-level imperative and cannot be simply delegated to HR nor relegated to simplistic add-ons of HRIS suites. We are thrilled to partner with the SmartRecruiters team – especially given their amazing product, proven enterprise-winning track record, and absolute readiness for scale.”
This investment follows SmartRecruiters’ dramatic customer and business growth over the last two years as it has emerged as the de facto enterprise talent acquisition platform for global large enterprises. Unlike other newer recruiting vendors or legacy applicant tracking system (ATS) providers, only SmartRecruiters’ enterprise talent acquisition platform delivers both the user experience that today’s candidates and hiring managers demand and the level of customization, flexibility and scale that enterprises demand.
“We have seen enormous demand from companies that put people first and realize that to win in today’s economy, you must outhire your competition,” said Jerome Ternynck, CEO and Founder, SmartRecruiters. “To do that, they understand they need a modern, dedicated talent acquisition platform that actually works – one that hiring managers embrace, one that engages and delights candidates, and one that scales to meet the complex needs of very large organizations. I could not be more excited to partner with IVP, the premier software growth investor, to finally help make recruiting far easier for global enterprises.”
The company plans to leverage the additional capital to sustain its rapid growth, accelerate its global market presence, and continue to invest in its product footprint to serve the needs of the greater than 5,000 enterprise companies globally that are trapped using legacy enterprise ATS or underperforming recruiting “add-ons” from monolithic HRIS suite providers.
“The Skechers partnership with SmartRecruiters has been critical in order to support our rapid growth and continued expansion both domestically and internationally,” said Adan Villalobos, Head of Recruiting at Skechers. “Their platform is not only innovative and user-friendly, but, most importantly, it's a tool that both store managers and recruiters love. The excellent customer service and partnerships SmartRecruiters provides to their clients are individualized to fit our needs and company objectives at all times. I would say that SmartRecruiters has been our most strategic talent acquisition partnership.”
Josh Bersin, Principal and Founder at Bersin by Deloitte, commented, “Over the last decade, we have seen a transformation in the way high-performing companies attract and acquire talent. Recruiting is now a strategic business function that includes marketing, recruitment, assessment, analytics, and integrated process management, involving managers, recruiters and sourcers. Legacy applicant tracking systems were not developed to support these needs and are being replaced by a new generation of collaborative talent acquisition platforms. Vendors like SmartRecruiters are part of this new wave of solution providers."
Rajeev Batra, Partner at Mayfield, which also participated in the round, commented, “This round of financing is a strong validation of our partnership with Jerome Ternynck and his vision for SmartRecruiters in transforming the recruiting market. SmartRecruiters is poised to be the leading talent acquisition platform. They create immense value by enabling global enterprises to acquire talent strategically and efficiently.”
About SmartRecruiters
SmartRecruiters’ modern enterprise talent acquisition platform is the generational successor to yesterday’s applicant tracking systems, allowing organizations to find, engage and hire the great talent they need to compete effectively in today’s economy. Atlassian, Ancestry.com, Equinox Fitness Clubs, Marc Jacobs, NBTY, Skechers, and Ubisoft are among the leading enterprises that have replaced their legacy systems with SmartRecruiters’ intuitive, powerful and complete solution. For more information, follow us at @SmartRecruiters , on LinkedIn or on https://www.smartrecruiters.com .
About Insight Venture Partners
Insight Venture Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies that are driving transformative change in their industries. Founded in 1995, Insight has raised more than $13 billion and invested in more than 250 companies worldwide. Our mission is to find, fund and work successfully with visionary executives, providing them with practical, hands-on growth expertise to foster long-term success. For more information on Insight and all of its investments, visit http://www.insightpartners.com or follow us on Twitter: @insightpartners.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160630005331/en/
Contact:
Bospar for SmartRecruiters
Laura Ruark, 540-599-7886
laura@bospar.com
Link:
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
SES Launches Multi-Orbit Satellite Connectivity on Mexico’s Viva1.6.2026 20:00:00 CEST | Press release
SES, a leading space solutions company, and Viva, Mexico’s ultra low-cost airline, launched fast and reliable multi-orbit satellite inflight connectivity service on Viva’s Airbus aircraft, strengthening SES’s position as a leading provider of satellite-powered broadband inflight service in the Americas and around the world. “Viva’s passengers will soon benefit from reliable, multi-orbit satellite connectivity that will provide the same fast and dependable internet access they enjoy at home no matter where or when they fly. SES’ partnerships with growing airlines like Viva highlight how carriers throughout the Americas are leading the way when it comes to the most advanced connectivity. SES is the engine that powers inflight connectivity, a trusted partner that makes airline operations easier,” said Mike DeMarco, SES President of Mobility. A total of 60 A320s and 40 A321s are set to offer the SES solution in the coming years. With the youngest Latin American fleet of Airbus A320s and A3
Motive Powers Latin America’s Next Wave of Mobile Innovation1.6.2026 17:00:00 CEST | Press release
Motive Entitlement Server enabling satellite connectivity in the Andes to fraud-free authentication in Brazil Motive, a global leader in entitlement and connected device & service management, joined operators and industry leaders at M360 LATAM in Mexico City, showcasing live deployments across the region's most consequential use cases: Satellite Direct-to-Device connectivity for unreachable geographies, end-to-end eSIM provisioning and visibility at scale, and SIM-based silent authentication replacing fraud-exposed SMS OTP. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260531906729/en/ Across landmark deployments with multiple Claro, Vivo, and Entel operations, Motive’s Entitlement Server (Motive ES) has moved from infrastructure component to regional growth engine. These deployments are citing measurable commercial growth, enabling streamlined eSIM provisioning, improved device onboarding experiences, and new revenue oppor
Interactive Brokers Integrates AI into Client Portfolios – Informed by Agentic Technology, Controlled by the Client1.6.2026 16:00:00 CEST | Press release
Clients Can Research Stocks, Analyze Performance, and Generate Trade Instructions in Claude. The Client Approves Every Trade. Interactive Brokers (Nasdaq: IBKR), an automated global broker, today announced agentic trading through direct integration with Claude, one of the world's leading AI platforms. Available through the AI platform’s certified connector marketplace, the integration lets clients manage their accounts and access more than 170 global markets. "Interactive Brokers has used technology for over four decades to help investors make more informed decisions and interact more efficiently with markets," said Milan Galik, Chief Executive Officer of Interactive Brokers. "Investors are increasingly using artificial intelligence to research markets, analyze information and generate ideas. We believe the next logical step is to allow clients to securely connect AI tools directly to their brokerage accounts — whether they want a simple conversational interface, deeper portfolio analy
AIM Expands Life Sciences Supply Chain Capabilities and Hires New Partner, Thomas Ebel1.6.2026 15:01:00 CEST | Press release
AIM today announced the appointment of veteran pharma supply chain expert Thomas Ebel as Partner, effective June 15. Mr. Ebel brings more than 25 years of supply chain consulting experience at leading firms including CAMELOT, McKinsey, and Accenture, and will anchor a broader initiative to expand AIM’s end-to-end supply chain capabilities. According to Richard de Bakker, Statutory Director and Founder at AIM, the firm is significantly expanding its capabilities around “end-to-end” supply chain needs. “AIM is well known as a leader in supply chain development for launch, as well as optimization of existing supply chains — supporting clients in getting their finished products to patients,” said Mr. de Bakker. “We are now adding new capabilities in supply chain diagnostics and strategy, end-to-end planning optimization, supply reliability, and working capital optimization, among others. Combined with AIM’s established supply chain expertise, this expanded offering gives clients true ‘end-
Seoul Semiconductor's World-First 'HV Opto-Semiconductor' Powers Up Global Top 4 Automakers1.6.2026 15:00:00 CEST | Press release
Seoul Semiconductor Co., Ltd. (KOSDAQ: 046890), a global opto-semiconductor technology company, announced that its world's first High Voltage (HV) opto-semiconductor technology has entered mass production with four of the world's top automotive brands across the Americas, Europe, and Asia, with plans to expand supply to 10 models by the end of the year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260601232986/en/ Comparison: Conventional 3V LED vs. Seoul Semiconductor 12V 'HV Opto-Semiconductor' (Figure: Seoul Semiconductor) The technology combines micro-scaled opto-semiconductor chips capable of 12V single-chip operation — as opposed to conventional 3V LEDs — with a high-voltage (HV) driver technology. This enables a reduction of more than 10% in the number of driver-related components used in hybrid and electric vehicles, while lowering power consumption by approximately 10%, contributing to cost reduction and simplific
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom