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NEWS | Cammio, the European video recruitment expert, today announced the successful closing of new growth funding to expand presence in key European markets. The investment round was led by Bernhard Düttmann, former board member and CFO in Beiersdorf and Lanxess. Düttmann also joins the newly established advisory board. The investment in Cammio will initially be used to establish a new office and team in Cologne, Germany. The company will also accelerate development of its capabilities in intelligent hiring aimed at automating the recruitment process with advanced matching algorithms. Since being incorporated in 2013, video recruitment has rapidly become a core component in the fast-growing HR Technology market. Cammio currently already services end-customers in over 20 countries worldwide.
The year 2016 has been a breakthrough year for the video recruitment experts at Cammio with outstanding growth metrics in terms of platform adoption, successful client implementations, and plenty of industry accolades, including being awarded “Best recruitment campaign” (Netherlands) and “Best Digital Employer Branding & Recruiting” (Europe). Cammio welcomed a record number of new clients, including AIDA, GALERIA Kaufhof, BMW and AEGON. With end-customers in over 20 countries worldwide, they join a growing number of companies that engage with their candidates through video using the Cammio platform. Platform usage grew more than +200% indicating increasing relevance for both candidate and employer to add personality to the CV.
Walter Hueber: “Cammio’s consistent focus on client on-boarding, partner integrations and innovation will ensure that we can continue to shape the definition of video recruitment in 2017 and beyond. We are just getting started. The coming years will see a big wave of innovation where video recruitment and assessments go hand-in-hand to further automate talent acquisition to help drive fair, unbiased and engaging recruiting. This investment round helps us bring new technology to the market faster and let more candidates benefit from video recruitment.”
Funding will be used to increase marketing and sales efforts in key European markets with a strong focus on Germany. To this end Cammio has opened a new office in Cologne where it co-locates in a newly established HR Technology Hub with partners YoungCapital and CompanyMatch. Cammio has also formed a new Advisory Board. The board will help shape and guide the strategy of Cammio working closely with the existing leadership team. Industry veterans Bernhard Düttmann (former CFO at Lanxess and Beiersdorf), Patrick Paardenkooper (Partner at Dolfin Capital) and Paul Citroen (Chairman Dutch Pension Fund for the Staffing Industry) have joined the Advisory Board. They will advise Cammio on its continued international expansion and development of Cammio as the European video recruitment platform of choice for corporates and agencies.
Recruitment industry innovators Cammio, YoungCapital and CompanyMatch have joined forces in start-up capital Cologne to open Germany’s very first HR Technology Hub.
Imec, the world-leading research and innovation hub in nanoelectronics and digital technologies, selected Cammio to be its provider of choice for video recruitment technology. Imec will utilize the Cammio platform to create an engaging and efficient recruitment process in an international context.