JIBE—Leading the Societal Shift to Mobile Hiring With SaaS Solutions for Fortune 1000s—Gains $10 Million in Financing
Partnerships with Over 20 Global Companies in 2012 Signals Growing Demand for Smartphone, Tablet Job Application Submission Tools
JIBE’s Family of Companies See 680% Growth in Realized Job Applications Via Mobile
NEW YORK, February 6, 2013-- JIBE, improving the mobile and social hiring experience for job candidates and employers with innovative SaaS solutions—announced today that it completed a Series B financing of $10 million led by new investor Longworth Venture Partners. Also participating were several existing investors including Polaris Partners, DFJ Gotham, DFJ, Zelkova, Lerer Ventures and Thrive Capital.
“Paper resumes gave way to digital job applications, and desktop computers are now giving way to smartphones and tablets as the recruiting platform of choice,” said Joe Essenfeld, JIBE Founder and CEO. “Our Fortune 1000 customers recognize this trend and want to stay ahead of it, knowing they otherwise risk self-selecting out the best candidates from their applicant pool. With this Series B financing, we will continue to advance our suite of SaaS based recruiting products with a focus on candidate experience and business intelligence to improve the recruiting experience.”
Presently, the majority of companies do not have the capability to interface with applicants and candidates through mobile devices, despite explosive mobile growth in recent years. Mobile data traffic grew by 133 percent in 2011, and by 2016 it is predicted that there will be 1.4 mobile devices per capita globally.
In 2012, JIBE partnered with leading global companies, including Walmart, AT&T, Procter & Gamble, General Motors and Accenture to extend their Human Capital Management solutions to mobile devices. Using JIBE’s SaaS solution, these companies are decreasing candidate drop-off rates from all talent acquisition channels including web-based, social media and emailed job announcements. Across JIBE’s family of companies, there has been a 680 percent growth in realized job applications via its mobile solution.
“Our goal in working with our client partners is to offer superior technology that exceeds their requirements,” said Andrzej Lawn, JIBE’s Chief Technical Officer. “We developed JIBE’s solutions to integrate seamlessly across all existing company applicant tracking systems and architected our platform to accommodate the legal, compliance and data security requirements related to job candidate submissions. With these significant barriers removed, our proprietary solution is allowing companies to enter the mobile data space with confidence.”
“As social media and mobile devices transform the enterprise, JIBE is well positioned to disrupt the multi-billion dollar Human Capital Management space. Their suite of solutions, architected from the ground up to be mobile and social first, is resonating strongly with enterprise customers. We are very pleased to support their rapid growth,” said Nilanjana Bhowmik, who led the investment for Longworth and now joins JIBE’s board.
JIBE builds SaaS recruiting solutions that enable leading companies to hire the best talent, regardless of their existing systems. We are dedicated to making recruiting simple with solutions for enterprises to attract and engage candidates using the latest technology.
JIBE partners with companies across all industries, including Walmart, Wells Fargo, Macy's, AT&T, General Motors, Accenture and UPS, bringing them a single platform to power candidate experience without changing their applicant tracking system (ATS).
JIBE is headquartered in New York City and also has offices in Washington, D.C. and Oakland, California. The company is funded by top investors including Longworth Venture Partners, Polaris Partners, Draper Fisher Jurvetson, DFJ Gotham Ventures, Lerer Ventures and Thrive Capital.
Suzanne Flynn Speece, 212-380-1771 x711
Downloadable Venture Capital Database