JIBE—Leading the Societal Shift to Mobile Hiring With SaaS Solutions for Fortune 1000s—Gains $10 Million in Financing

  JIBE—Leading the Societal Shift to Mobile Hiring With SaaS Solutions for
  Fortune 1000s—Gains $10 Million in Financing

Partnerships with Over 20 Global Companies in 2012 Signals Growing Demand for
             Smartphone, Tablet Job Application Submission Tools

 JIBE’s Family of Companies See 680% Growth in Realized Job Applications Via
                                    Mobile

Business Wire

NEW YORK -- February 6, 2013

JIBE, improving the mobile and social hiring experience for job candidates and
employers with innovative SaaS solutions—announced today that it completed a
Series B financing of $10 million led by new investor Longworth Venture
Partners. Also participating were several existing investors including Polaris
Partners, DFJ Gotham, DFJ, Zelkova, Lerer Ventures and Thrive Capital.

“Paper resumes gave way to digital job applications, and desktop computers are
now giving way to smartphones and tablets as the recruiting platform of
choice,” said Joe Essenfeld, JIBE Founder and CEO. “Our Fortune 1000 customers
recognize this trend and want to stay ahead of it, knowing they otherwise risk
self-selecting out the best candidates from their applicant pool. With this
Series B financing, we will continue to advance our suite of SaaS based
recruiting products with a focus on candidate experience and business
intelligence to improve the recruiting experience.”

Presently, the majority of companies do not have the capability to interface
with applicants and candidates through mobile devices, despite explosive
mobile growth in recent years. Mobile data traffic grew by 133 percent in
2011, and by 2016 it is predicted that there will be 1.4 mobile devices per
capita globally.

In 2012, JIBE partnered with leading global companies, including Walmart,
AT&T, Procter & Gamble, General Motors and Accenture to extend their Human
Capital Management solutions to mobile devices. Using JIBE’s SaaS solution,
these companies are decreasing candidate drop-off rates from all talent
acquisition channels including web-based, social media and emailed job
announcements. Across JIBE’s family of companies, there has been a 680 percent
growth in realized job applications via its mobile solution.

“Our goal in working with our client partners is to offer superior technology
that exceeds their requirements,” said Andrzej Lawn, JIBE’s Chief Technical
Officer. “We developed JIBE’s solutions to integrate seamlessly across all
existing company applicant tracking systems and architected our platform to
accommodate the legal, compliance and data security requirements related to
job candidate submissions. With these significant barriers removed, our
proprietary solution is allowing companies to enter the mobile data space with
confidence.”

“As social media and mobile devices transform the enterprise, JIBE is well
positioned to disrupt the multi-billion dollar Human Capital Management space.
Their suite of solutions, architected from the ground up to be mobile and
social first, is resonating strongly with enterprise customers. We are very
pleased to support their rapid growth,” said Nilanjana Bhowmik, who led the
investment for Longworth and now joins JIBE’s board.

About JIBE
http://www.jibe.com/

JIBE builds SaaS recruiting solutions that enable leading companies to hire
the best talent, regardless of their existing systems. We are dedicated to
making recruiting simple with solutions for enterprises to attract and engage
candidates using the latest technology.

JIBE partners with companies across all industries, including Walmart, Wells
Fargo, Macy's, AT&T, General Motors, Accenture and UPS, bringing them a single
platform to power candidate experience without changing their applicant
tracking system (ATS).

JIBE is headquartered in New York City and also has offices in Washington,
D.C. and Oakland, California. The company is funded by top investors including
Longworth Venture Partners, Polaris Partners, Draper Fisher Jurvetson, DFJ
Gotham Ventures, Lerer Ventures and Thrive Capital.

Contact:

JIBE
Suzanne Flynn Speece, 212-380-1771 x711
sfs@jibe.com
 
Press spacebar to pause and continue. Press esc to stop.