Mya Systems Raises $18M in Series B Funding

Mya Systems (formerly known as FirstJob), the San Francisco, CA-based creator of AI recruiter Mya, secured $18M in Series B funding.

The round, which builds on its $11.4M Series A announced earlier in May, was led by Foundation Capital with participation from Emergence Capital. As part of it, Foundation Capital partner Paul Holland will join Mya Systems’ board.

The company intends to use the funds to accelerate growth of its AI team, open new offices in Europe, and expand its solution into new job categories.

Co-founded in 2012 by Eyal Grayevsky, CEO and James Maddox, CTO, Mya Systems provides Mya, an AI-recruiter which leverages proprietary natural language processing and machine learning techniques to automate outreach and communications with job candidates throughout the end-to-end recruiting process. Mya applies advanced matching algorithms and predictive models to shortlist large applicant pools and can automatically schedule interviews enabling recruiters to prioritize their time with candidates most likely to succeed.
The company has just released new features including multi-lingual support, and proprietary AI capabilities that automate the candidate sourcing process.

Mya Systems recently entered into a three-year global partnership with The Adecco Group to support its largest enterprise accounts.

FinSMEs

19/10/2017

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