7. November 2013
Cammio, European provider of online video recruitment solutions, today announced that it has successfully completed its Series A funding round. The investment will allow further expansion into key European markets and develop its candidate-screening platform. Investors include industry veterans in staffing & recruitment and international business, strengthening the company’s network in a number of strategic markets.
“We recognized a strong management team with a market leading product that brings an exceptionally high level of innovative energy in the area of candidate pre-screening. We are rapidly moving towards video in many aspects of our daily lives, including recruitment. Cammio has the right strategy to change the recruitment industry as we know it with innovative pre-screening tools leading to better candidate hires and improved recruitment process efficiency.”
“We are truly excited to bring together a group of people that share our vision and can support us in developing our true market potential. This investment comes on the back of a number of successful client wins, including Carglass, Hilti and YARA. This clearly demonstrates that video recruitment is rapidly gaining momentum amongst larger employers across Europe. As the leading European provider of live and automated video recruitment technology, we are uniquely positioned to help our clients improve their candidate pre-screening process.”
Other investors include Peter Kales (CEO Kales Group) with his investment fund V1NTAGE and Paul Citroen (founder of Studentalent. Funding will be used to increase marketing and sales efforts in key European markets, capitalising on the market potential across Europe in video recruitment and candidate pre-screening. Cammio will also add staff to its customer service, marketing and partner sales teams in line with its growing user base on the Cammio video interview platform.
Earlier this year Cammio announced the new release of its Cammio Connector integration API allowing it to integrate its video interview functionality with applicant tracking systems (ATS). This gives recruiters easy access to video interview functionality directly from within their favourite ATS. In the coming months Cammio will announce a number of key partnerships as well as additional developments that extend its successful video interview platform in the area of pre-screening. This will help further strengthen its product and market leadership position.