Jibe Adds Avis Budget Group, Bristol Myers-Squibb, Informatica & REI to Client Roster

  Jibe Adds Avis Budget Group, Bristol Myers-Squibb, Informatica & REI to
  Client Roster

Recruiting Technology Pioneer Carries Momentum into 2014, Poised for Continued
                                    Growth

Business Wire

NEW YORK -- March 3, 2014

Jibe, Inc., a leading recruitment technology company, today announced that it
had more than doubled its client base over the past 12 months, adding
signature clients like Avis Budget Group, Bristol Myers-Squibb, Informatica
and REI to its roster. The Company also reported today that revenues in 2013
grew by 492 percent, with annual contract bookings increasing by 215 percent.
Jibe also recently established new 14,000 square foot headquarters in New York
City’s West Village to accommodate rapid expansion of the company’s employee
base, which nearly tripled in 2013. The increase in headcount at Jibe is vital
to support ambitious growth plans in 2014.

“We’re just getting started,” said Jibe founder and CEO, Joe Essenfeld. “The
time has come for the accelerated advancement of recruiting tools and
technology. For too long now, corporate recruiting has been saddled with
outdated and impersonal solutions that get in the way of finding and
recruiting top talent. We’re committed to delivering a platform for both
talent acquisition professionals and job seekers that make hiring about the
people, not the process.”

When Jibe announced a $10 million Series B funding round twelve months ago, it
accelerated its growth plan. The Company expanded internationally, extending
its recruitment marketing platform to Canada, Mexico and Asia Pacific. Rapidly
increasing interest from companies to implement recruiting technology that
enhances the experience they offer candidates has spurred much of this growth.
Jibe now counts 14 companies from the Fortune 100 amongst its client base.

In October 2013, Jibe introduced Recruiting Analytics™, the first-ever “Big
Data” solution specifically developed for the recruitment industry. Further
enriching Jibe’s platform, the new analytics offering was named as one of a
select few honored with the “Awesome New Technology for HR” distinction at the
16^th Annual HR Technology Conference & Expo. Jibe’s Recruiting Analytics has
already been selected by a number of Fortune 500 companies to strategically
streamline hiring practices and contribute to ROI.

The Jibe platform provides talent acquisition professionals and teams with a
single, flexible, cloud-based solution to maximize efficiencies across the
full recruiting spectrum, greatly improving candidate and user experience.
Featuring mobile and desktop apply, recruiting analytics, job distribution,
employee referral, SEO and recruitment CRM, the Jibe platform ensures
enterprise clients get the most out of their technology investment and can
engage with today’s candidates in the best and most efficient way possible.

The human capital management (HCM) market is experiencing a wave of innovation
with regard to technology. Gartner sizes the HCM technology market at $8.3
billion in 2014, and $8.8 billion in 2015.

“We are excited about what we’ve accomplished, but more so, we are looking
forward to what lies ahead,” said Essenfeld. “We will continue on the path
we’ve set out on to transform this market in a way that enables its
participants to take advantage of the latest and best software available to
enable them to hire more strategically, more efficiently and in a more
personal way than ever before.”

About Jibe, Inc.

Founded in 2009, Jibe provides corporate talent acquisition teams a
cloud-based, all-inclusive recruitment marketing platform to help identify,
attract and engage candidates. Adopted by many of the world's top companies –
including Accenture, Macy’s and Walmart – the platform features an analytics
engine at its core that pulls recruiting metrics from disparate back-end
systems and turns them into actionable intelligence to guide hiring decisions.
The Jibe platform enables optimized mobile and desktop apply, simplifies job
distribution, and streamlines employee referrals, significantly improving the
candidate experience. Full integration with applicant tracking systems,
combined with a SaaS delivery model, provides a seamless solution without
disrupting processes or impacting IT resources. Jibe is headquartered in New
York City and is backed by top investors, including Longworth Venture
Partners, Polaris Partners, DFJ and Gotham Ventures. For more information,
please visitwww.jibe.com and follow us @Jibe.

Contact:

Jibe, Inc.
Jed Hamilton, +1-646-374-0192
mobile:+1-212-380-7455
jhamilton@jibe.com and @JibePR
 
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