Evolv On-Demand Raises $15.75m in Series C Financing

Evolv On-Demand, a San Francisco, CA-based provider of science-based, on-demand talent matching and intelligence solutions, has raised $15.75m in Series C financing.

The round was led by GGV Capital, with participation from existing investors Khosla Ventures and Lightspeed Venture Partners.

In conjunction with the funding, which brings the total amount raised by the company to date to $27.5m, Jeff Richards, Partner with GGV Capital will join Evolv’s Board of Directors.

The company intends to use the funds to accelerate expansion into new global markets and develop new product areas. Evolv recently engaged new clients and added Google’s Chief Human Resources Officer, Laszlo Bock, to its Board of Directors.

Led by CEO Max Simkoff, the company offers a Software-as-a-Service platform that utilizes a web-based selection and assessment process to better match employers and employees. It is designed to reduce employee attrition, improve hourly employee productivity, and improve annual operating margins.

FinSMEs

27/04/2011

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