Toronto's Kira Talent Raises $2 Million from Relay Ventures and Angels

Posted by Techvibes NewsDesk

Kira Talent has raised $2 million in a round of capital led by Relay Ventures with participation from angel investors.

The Toronto-based startup is calling the financing a seed round, although it already raised a minor seed round in December of last year, also from Relay Ventures and angels.

“The renewed commitment by our investors is a testament to the incredible traction Kira Talent has seen in the market,” says Kira Talent CEO Emilie Cushman. “Over the past 12 months Kira Talent has seen fantastic global market adoption having served over 80 countries and onboarding world leading organizations.”

RELATED: Kira Talent Partners with Business School to Improve Candidate Screening

In the coming months, Kira Talent says it will be releasing a suite of new products that "create the world’s simplest an easiest to use video interview screening platform." In 2010, 10% of companies reported to using video interviewing; in 2012 over 60% of companies are using video interviewing in some form, according to the Canadian company.

“Video interviewing is not a fad, but represents a truly innovative way to improve the recruitment process by saving time and having greater visibility into the personality and potential of your candidates,” affirms Cushman. “If a picture is worth a thousand words, a video is worth a million."

Kira Talent was founded in March 2012 as part of The Next 36 incubator program and was named the Most Outstanding Venture within the most promising of 2012.

Company:
Relay Ventures
Website:
http://www.relayventures.com
Location:
Toronto, Ontario, Canada

Relay Ventures is an early stage venture capital firm that invests in passionate entrepreneurs disrupting and creating new markets through mobile technologies. Unlike other funds, Relay exclusively focuses on software for mobile devices and the connected Internet, creating an unparalleled set of networks and resources that tangibly help founders build world-class companies. With offices in Menlo Park and Toronto,... more

Company:
Kira Talent
Website:
http://www.kiratalent.com
Location:
Toronto, Ontario, Canada

Kira Talent helps organizations find the best individuals and companies build great teams. Using pre-recorded video questions, and timed video responses, Kira Talent brings the real-life interview feel online, and allows you to rate, share and compare candidates with colleagues in minutes. more


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Techvibes NewsDesk

Techvibes NewsDesk

Techvibes is Canada's leading technology media property.Founded in 2002, Techvibes covers technology and business news that impacts Canadians. We combine breaking local news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and publishes general news stories. If you have a story you would like covered, email... more



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