USA – CodeSignal, a San Francisco, CA-based technical assessment platform, raised $25m in Series B funding.
This round, which brings CodeSignal’s total funding to $37.5m, was led by Menlo Ventures with participation from Capital One Ventures, CM Ventures, Human Capital, TripHammer Ventures (Alumni Ventures Group) as well as existing investors such as e.ventures,A Capital, Felicis Ventures and Correlation Ventures.The company will use the funding to continue the rapid expansion of its go-to-market team and to partner with key players in the technical hiring industry to deliver a more holistic hiring solution. Founded in 2015 by Tigran Sloyan, CEO, CodeSignal aims to make talent accessible by empowering recruiters and employers to evaluate job candidates’ technical skills effectively at scale. Its assessment solution allows companies to automate skill-based screening and conduct live interviews in a structured and consistent way. CodeSignal’s Certified Coding Assessments provide an objective measure of a candidate’s qualifications, enabling recruiters to compare several scores and strengths at once before hiring decisions are made. The platform allows companies to set their own threshold for qualifications and customize assessments with comprehensive testing options for each team and job opening and safeguards against cheating. 10/12/2020
