Company Name : HackerRank
Funding Amount : $7.5mn
Investor(s) Recruit Holdings.
Funding Round : Strategic Investment
Recruit Holdings announced today that it has invested in HackerRank, the technical recruitment platform and code challenge community, owned by Interviewstreet, Inc. The investment is the second in the US for the HR Technology Fund.
The HR Technology Fund has an initial capitalization of approximately $20 million and invests in companies from seed rounds to pre-IPO.
Located in Mountain View, California, HackerRank has two primary businesses. First, it operates an online engineering community. Coders come to the site, test their skills, and are ranked among peers. Second, HackerRank offers a number of services for HR professionals looking to locate technology talent. They currently have more than 1000 technology clients.