Developers spend a lot of time interviewing candidates based on just resume which we all know is just a blob of text. Interviewstreet helps companies create programming challenges and evaluate the actual coding skills of the candidates before interviewing them. 
InterviewStreet already has Amazon, Cleartrip, Flipkart, One97 using their product for hiring.
InterviewStreet requires you to create a test by adding questions. You invite candidates to take the test and from here on they take care of the rest.
The candidate is given a simple and easy-to-use view of the questions in the test. The question type and status (attempted / not attempted) is indicated and the candidate is free to choose the order to answer the questions. A neat syntax-highlighted editor is provided for the candidate to code. The candidate can choose the language and code in it accordingly. The candidate can compile the code and test it against a set of sample test cases before proceeding to submit the answer.Hiring companies can now see a detailed report of the candidates performance including a playback of their test duration. So no copy pasting of code.
What do you think of InterviewStreet?
