What is Interviewstreet?
Interviewstreet is a platform designed to streamline the hiring process for technical talent by enabling companies to create custom online tests. These assessments cover a range of skills, including programming, multiple-choice, and subjective answer questions, with an integrated codechecker to efficiently evaluate candidates. The service aims to significantly reduce the time spent on recruitment, as demonstrated by its use in campus placements for major corporations like Amazon, Flipkart, and One97. Interviewstreet offers a customizable, white-labeled solution with a strong emphasis on customer service, positioning itself as a key player in talent acquisition technology.
How much funding has Interviewstreet raised?
Interviewstreet has raised a total of $19.9M across 4 funding rounds:
Angel/Seed
$200K
Series A
$3M
Series B
$9.2M
Series C
$7.5M
Angel/Seed (2011): $200K with participation from Y Combinator
Series A (2012): $3M led by ZenShin Capital and Khosla Venture
Series B (2014): $9.2M supported by Battery Ventures and Khosla Venture
Series C (2015): $7.5M featuring Recruit Holdings
Key Investors in Interviewstreet
Recruit Holdings
Recruit Holdings is a global company involved in various services, including HR technology and staffing solutions, suggesting a strategic interest in Interviewstreet's recruitment assessment platform.
Battery Ventures
Battery Ventures is a venture capital firm that invests in software and services, enterprise infrastructure, and other technology sectors, aligning with Interviewstreet's focus on developer assessment tools.
Khosla Ventures
Khosla Ventures focuses on breakthrough technologies across various sectors including enterprise and AI, indicating a potential interest in Interviewstreet's innovative approach to developer evaluation.
What's next for Interviewstreet?
The recent major strategic investment indicates Interviewstreet is likely in a scaling phase, aiming to expand its market reach and enhance its platform capabilities. This funding will probably be directed towards further technological innovation, broadening its client base, and potentially exploring new verticals within the HR tech landscape. The company's focus on efficiency and customization suggests a strategy geared towards capturing a larger share of the enterprise recruitment market, solidifying its role as a critical tool for identifying top developer talent.
See full Interviewstreet company page
