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CodeSignal Closes $25M Series B to Make Hiring Less Biased and Help the World Go Beyond Resumes

Dec 08, 2020•over 4 years ago

Amount Raised

$25 Million

Round Type

series b

San Francisco

Description

CodeSignal, a technical assessment platform dedicated to helping companies #GoBeyondResumes in tech recruiting, today announced $25 million in Series B funding. This round, which brings CodeSignal's total funding to $37.5 million, was led by Menlo Ventures with additional investments 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.

Company Information

Company

Code Signal

Location

San Francisco, California, United States

About

Founded in 2015, 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 more structured and consistent manner. Key customers include Brex, Databricks, Instacart, Robinhood, UpWork and Zoom. Visit codesignal.com to learn more.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech