Erecruit Holdings, LLC, a Boston, MA-based provider of enterprise staffing software, VMS and onboarding solutions for large staffing firms and employers, raised over $10m in funding.
The investment was led by North Bridge Growth Equity.
The company intends to use the funds to further accelerate product development, to improve customer experience and grow global sales and marketing efforts.
Led by Dave Perotti, Chief Executive Officer, erecruit provides enterprise staffing software, VMS and onboarding solutions for large staffing firms and employers.
In 2015, the company made software improvements in functionality, scalability and performance, resulting in a record number of wins with the largest staffing companies in North America which brought it to recently report more than 100% year-over-year revenue increase.