Venture Capital News: CodeSignal Secures $50M Series C Round
2021-09-16
SAN FRANCISCO, CA, CodeSignal today announced $50 million in Series C funding round.
CodeSignal, a technical assessment platform dedicated to helping companies, including Facebook, Roblox, Zoom, Robinhood, and others, make data-driven hiring decisions in tech recruiting, today announced $50M in Series C funding and the launch of CodeSignal's new advanced Integrated Development Environment (IDE) that unlocks highly relevant assessment experiences. This round, which brings CodeSignal's total funding to $87.5M, was led by Index Ventures, with additional participation from Menlo Ventures, Headline, and A Capital.
CodeSignal is an assessment company helping the world #GoBeyondResumes. CodeSignal has created an advanced job simulation technology so hiring teams can assess skills with better fidelity, provide a better candidate experience, and hire the right talent for roles, at scale. Founded in 2015, CodeSignal is trusted by the world's most innovative tech firms, including Brex, Databricks, Facebook, Instacart, Robinhood, Upwork, and Zoom.
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