Entelo files details on its $4.93 million financing

XDATA – September 18th 2014

entelo Entelo raised $4.93 million from three financial backers on September 4th according to information disclosed by the company. The non-brokered equity offering was fully subscribed. No offering was previously initiated by the company under a registration exemption with the SEC.
The company disclosed via press release raising $3.5 million in June 2013, however no documents were filed with the SEC related to this transaction.

Entelo markets and develops a recruiting platform that leverages big data, predictive analytics and social signals to help recruiting organizations find, qualify and engage with in-demand talent. The company’s Entelo Search gives unprecedented access to profiles of over 25 million candidates, each filled with data from social sites such as Github, Dribbble, Quora, Twitter, and more. On the predictive side Entelo Sonar is design to find candidates that are ready to change jobs. Financial backers include Battery Ventures and Menlo Ventures.

The company, headquartered in San Francisco CA, is led by Jonathan Bischke (President). Entelo elected to keep its revenues undisclosed.
The board of directors includes Roger Lee.

Offering recap
Status: Completed
Company: Entelo
Industry: Other Technology
Amount offered: $4.93 million
Amount placed: $4.93 million
First sale: 09-04-2014
Data as of: 09-18-2014

For more information visit www.XDATA.co


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s