Deals
Carlyle Takes Stake in AI-Driven Hiring Firm in Tech Expansion
- HireVue’s platform helps companies make decisions on talent
- Private equity firm buys stake through $18.5 billion fund
Photographer: Balint Porneczi/Bloomberg
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Carlyle Group is taking a majority stake in a firm that uses AI as private equity shops ramp-up deals in the fast-growing technology sector.
Carlyle is backing HireVue, which deploys artificial intelligence to help companies make hiring decisions, according to the firms. Early investors including TCV, Granite Ventures and Sequoia Capital will remain as minority partners. Carlyle declined to disclose the value of the deal.