Provo, UT.-based EnticeLabs, the technology designer to empower HR departments to recruit top talent, closed its $2m strategic round of investment led by First Advantage with participation from all initial founders and investors.
This funds will be used to accelerate system development, accommodate higher-than-anticipated sales, and build out the infrastructure warranted by the rapidly expanding client base.
Neal Bruce, senior vice president of product management for First Advantage’s Employer Services segment, will join the EnticeLabs Board of Directors.
Commenting on the financing, EnticeLabs’ Chief Executive Officer Ryan Caldwell said: “We’re pleased to receive the support of First Advantage and look forward to the opportunities for strategic expansion that this funding will afford the company”.
FinSMEs
30/09/2009