, the technical recruitment platform and code-challenge group, right this moment introduced that it has raised a $9.2 million Sequence B funding spherical led by and . Different members on this spherical embody Motorola Mobility VP Peeyush Ranjan, former Fb senior director of engineering Greg Badros and Fb director of product administration Dan Rubinstein.
The HackerRank group determined to go together with these traders due to their experience round hiring for, and work with, fast-growing firms.
“As software program and information science turns into a important device for each business, there can be intense competitors for expertise on this space,” mentioned Vinod Khosla, founding father of Khosla Ventures, in an announcement right this moment. “HackerRank is clearly the primary mover and lead participant. That is why we’re main this spherical.”
The service has some because it first went by Y Combinator after which launched as a platform for internet hosting coding challenges at . Whereas coding challenges stay amongst its core focus areas, a lot of the firm’s progress now comes from its white label recruiting platform.
Certainly, as HackerRank CEO and co-founder Vivek Ravisankar instructed me, the corporate has doubled its income each quarter for the final three quarters based mostly on the sturdy efficiency of this service. Month-to-month lively customers on the platform are additionally rising 20 to 25 % each month. At present, about half one million builders are lively on the location.
That’s one more reason the corporate determined to boost more cash. HackerRank needs to develop its gross sales group quickly to capitalize on the present momentum. On the product facet, the corporate plans to broaden to extra domains that embody a wider vary of abilities than right this moment’s code-focused platform. These embody subjects like networking and database administration.
Corporations can use sponsored coding challenges on the service to seek out potential hires, however as well as, the service additionally now gives a real-time whiteboard with a built-in code editor for .
Among the many firms that are Amazon, Yahoo, Microsoft, VMware, Skype and Sq., however Ravisankar additionally famous that the service has made inroads with firms that aren’t essentially related to tech.
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