Jibe Closes $4M Credit Facility with Silicon Valley Bank

Jibe, Inc., a New York City-based provider of recruiting technology solutions, closed a $4m credit facility with Silicon Valley Bank.

The company will use the funds to continue its expansion and growth.

Launched in 2009 by Joe Essenfeld, CEO, Jibe provides cloud-based recruiting technology solutions for talent acquisition teams to identify, attract and engage candidates.
The company offers:
– The Jibe Recruiting Platform, which features an analytics engine that pulls recruiting metrics from disparate back-end systems and turns them into insight to guide hiring decisions.
– The Jibe Platform, which simplifies job distribution, enables mobile recruiting and optimizes the referral process.
The company’s solutions have been adopted by companies including Accenture, Macy’s and Walmart.

Jibe is backed by top investors, including Longworth Venture Partners, Polaris Partners, DFJ and Gotham Ventures.

FinSMEs

30/10/2013

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