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Venture Capital News: HackerRank Grabs $9M in Series B

2014-06-13
PALO ALTO, CA, HackerRank has landed $9 million in a Series B round, bringing the company's total funding to $12.4M million.
According to GigaOm, HackerRank has landed $9 million in a Series B round, bringing the company's total funding to $12.4M million.

Khosla Ventures and Battery Ventures led the funding round. Also joining the investment were angel investors Peeyush Ranjan, VP of engineering at Motorola Mobility at Google; Greg Badros, former senior director of engineering at Google; and Dan Rubinstein, director of product management at Facebook.

HackerRank (formerly Interviewstreet) provides a platform for screening technical candidates with programming challenges.

Resumes, GPA, education and work experience don't paint the full picture of a job applicant. By using the HackerRankX platform, customers can administer coding challenges to applicants during the hiring process and gain an objective metric that saves hiring managers and recruiters time and dollars.

The HackerRankX platform is used by more than 1,000 companies, and its rapidly-growing customer base includes top tech companies such as Facebook, Yahoo, Amazon, Microsoft, Quora, Skype and Evernote.
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