HireVue Announces Q1 2013 Results Including Triple Digit Revenue Growth And
Significant Expansion Of Global Client Base
New customer demand and expansion across global markets fuels digital
interviewing leader's 11th consecutive quarter of growth
SALT LAKE CITY, May 8, 2013
SALT LAKE CITY, May 8, 2013 /PRNewswire/ --HireVue, the leading on-demand
digital interviewing platform provider, today announced 100 percent sales
growth and a 78 percent increase in new customers for the quarter ended April
30, 2013, as compared to the same quarter 2012. The company also announced the
appointment of Rick McCord to its leadership team as Vice President of Global
"Experiencing 100 percent sales growth in Q1 – particularly on the heels of a
record 2012 - is an outstanding testament to our incredibly talented team and
to the technology we've built here at HireVue," said Mark Newman, founder and
CEO, HireVue. "We're laser focused on investing in our most important asset –
our customers – to help them reimagine and modernize the way they recruit
talent and ultimately transform their business."
Newman added, "I'm also extremely pleased to welcome Rick to the leadership
team. Rick's unparalleled sales acumen and experience scaling sales
organizations will further help to position us for continued growth and
expansion. Rick will be leading one of the most seasoned and talented global
sales teams in HR technology, and we're thrilled to have him on board."
Fiscal and business highlights for the quarter ended April 30, 2013:
oYear-over-year sales growth of 100 percent from both new and existing
o78 percent increase in new customers acquisition, year over year, with the
addition of top global organizations including:
oPlanet Hollywood International, Inc.
oUniversity of Utah Hospitals & Clinics
oRecord candidate satisfaction ratings based on candidate experience
surveys during the quarter, which revealed that 97 percent of candidates
appreciate the convenience of on-demand digital interviews. Further, 95
percent of candidates appreciate that it's a fair and consistent process
while another 90 percent agree that digital interviews are an effective
way for companies to get to know them as individuals.
o476 percent interview volume growth year over year.
oThe appointment of Rick McCord as Vice President of Global Sales. McCord
brings more than 25 years of experience to HireVue, having served
previously as Vice President of Worldwide Sales and Services for Domo Inc,
a leading provider of business intelligence software. His leadership
helped drive Domo from its founding days to becoming one of the
fastest-growing SaaS companies. Earlier in his career, McCord served as
Vice President, Americas, Sales for LANDesk and as Vice President of
Global Channel Sales and Alliances at Altiris, which was acquired by
"I am thrilled to join HireVue. As a former HireVue customer, I saw first-hand
the impact digital interviewing had on our business and our ability to
succeed. We were able to reduce time to hire and improve the quality of hire
while focusing our efforts on top-notch candidates. I look forward to sharing
my story with others in our drive to grow HireVue," said McCord. "As a sales
executive, I understand the challenges associated with sourcing and selecting
the best talent quickly and returning hiring managers to revenue-generating
tasks. HireVue is doing just that, by enabling the sourcing and recruiting
process to happen anywhere, anytime – and allowing companies to get to the
best talent before the competition. It's truly a game-changing technology that
is having an impact all the way to the C-suite."
For more information on HireVue, please visit www.HireVue.com.
HireVue is an amazing new way to interview – on demand!Users simply browse,
watch, rate and share the interviews they want, on their own time – just like
streaming their favorite movies – even from a smart phone. Recognized by HR
Executive Magazine as a Top HR Product of 2012, HireVue's Digital Interview
Platform™ also helps improve interviews of all types, including in person,
phone and video interviews. Digital question, feedback and collaboration tools
remove hassle and make interviewing up to ten times faster and nine times
cheaper. Join HireVue customers like Ocean Spray, Nike, Dow Jones, and Walmart
who are making interviewing awesome. http://www.hirevue.com
Contact: Jason Gerdon, Atomic for HireVue, O: 714.558.7676, M: 714.423.5050,
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