Big Data Attracts Big Funding As Entelo Raises $3.5 Million

Entelo announced today that they have received $3.5 million in financing led by Battery Ventures with participation from Menlo Ventures. The money will be used for growth and research and development efforts, with a primary focus on developing additional products that will leverage the company’s data set and “predictive analytics engine.”

Entelo, which launched in October of 2012, indexes data found on sites like StackOverflow, Quora, and Twitter, and uses that data to build a complete candidate profile like the one seen below.

EnteloProfile

 

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Other key players making traction in this space include RemarkableHire, Gild, and Talentbin. Tech job board Dice also entered the space early this year with the release of Dice Open Web.

Jeremy Roberts, SPHR, is VP, Customer Experience at HiringSolved. He is the previous Editor of SourceCon. Prior to joining the ERE Media team, he spent over a decade working as a recruiter, sourcer, and sourcing manager. This time was spent in diverse environments, including third party agency settings (retained and contingent), recruitment process outsourcing (RPO) providers, and internal corporate HR departments. His previous employers include the MHA Group, Ajilon Finance, Korn Ferry Futurestep, Raytheon Space and Airborne Systems, and Randstad Sourceright, US. He resides in Corinth, TX with his wife and 3 children.

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1 Comment on “Big Data Attracts Big Funding As Entelo Raises $3.5 Million

  1. Glad to see that Entelo is gaining so much traction and attention. Depending on how much customer growth Dice sees with Open Web, watch for one of the the big job boards acquire one of the social profile aggregators.

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