Tech Company Financing Transactions
Erecruit Funding Round
North Bridge Growth Equity and private investors joined a $25 million funding round for Erecruit. The round closed on 7/11/2014.
Transaction Overview
Company Name
Announced On
7/11/2014
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors
North Bridge Growth Equity (Lead Investor) (James Moran)
Proceeds Purpose
The growth funding, which is the first institutional investment in erecruit, will be used to further accelerate the business' momentum by adding to its seasoned team and further investing in product innovation as it continues to disrupt the market, improving the way staffing firms operate.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
2 Oliver St. 500
Boston, MA 02109
USA
Boston, MA 02109
USA
Phone
Website
Email Address
Not Recorded
Overview
Erecruit is the leading innovator in enterprise staffing software, VMS and onboarding solutions for large staffing firms and employers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Danko Fatovic
Chief Executive Officer
Judd Hoffman
VP - Bus. Development
Igor Belagorudsky
VP - Client Services
Jeanette Dunn
VP - Product Management
Norm Joseph
VP - Sales
Tim Quirk
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Prev: 7/11/2014: Applied Cavitation venture capital transaction
Next: 7/14/2014: TaxCloud venture capital transaction
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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