JazzHR, a provider of recruitment solutions for SMBs, has announced the closing of financing round in which the company secured $6.6 million. The investments were led by Volition Capital along with the participation of existing investors Rincon Venture Partners, Birchmere Ventures, and others. With this financing, the total funding amount for JazzHr stands at $25 million since its inception in 2009.
The funds will be utilized by JazzHR to propel the strategic development of products and add momentum to market expansion plans. CEO Pete Lamson said in a release, “JazzHR’s mission is to reduce the time and cost to hire by providing a powerful, easy to use recruiting solution at a price point designed to fit small business budgets.” He added, “We are delighted to partner with world-class investors to help SMBs accelerate and optimize their recruiting results.”
Software provided by JazzHR generates value for over 3000 customers by substituting manual, time-consuming hiring tasks with innate tools created to enable hiring managers and recruiters in quickly finding and hiring the right talent. JazzHR focuses on SMBs and is one of the pioneering companies to offer affordable enterprise-grade recruitment solutions to small businesses.
Sean Cantwell, Managing Partner, Volition Capital, stated, “We are thrilled to continue working with the JazzHR management team.” He added that SMBs today require high-performing, simple solutions for recruitment and JazzHR has been able to do just that. Cantwell affirmed that their continued investment in the company is a testimony to the market leadership, strategy, and vision of JazzHR, and he is looking forward to supporting it in its next growth phase.
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