HireVue Raises First Round Of Funding

Posted Oct 2, 2009

HireVue is an online video job interviewing service that has raised its first round of funding. Peterson Ventures led the first round of funding in HireVue. Penn State’s The Garber Fund and other private investors also participated in this round. HireVue will this round of funding for technology and marketing purposes.

HireVue was founded in 2004 and has clients such as Google, Dish Network, and Oracle. Employers can share candidate videos and and live-stream video conferences.

?This is a great time to invest in HireVue,? stated Brandon Cope of Peterson Ventures in a press release. ?It?s exciting to partner with a company in this stage of explosive growth. They provide an offering that is quite compelling for employers given the advancement in technology, the globalization of business, and the downturn of the economy. We believe HireVue will create value for the world?s leading organizations by helping them acquire their most important asset?their people?in the shortest amount of time and at the lowest cost.?