iCIMS reports $56.73 million raised from Susquehanna Growth Equity


XDATA – October 2nd 2015
iCIMS received two commitments for its $60.8 million financing round. Investors committed to buy 93% or $56.73 million worth of equity on September 18th. Until this disclosure iCIMS had raised an estimated $35.88 million in unregistered securities via one previous financing round.
iCIMS markets and develops Software-as-a-Service (SaaS) talent acquisition solutions. The company’s candidate management solution, enables organizations to leverage mobile, social, and video technologies to manage their entire talent acquisition lifecycle from building talent pools, to recruiting, to onboarding all within a single web-based application. Investors include Susquehanna Growth Equity.
The company is headquartered in Matawan NJ. iCIMS elected to keep its revenues undisclosed.
The executive team includes Adam Feigenbaum, Al Smith, Colin N Day, G Scott Greenburg, Mike Greten, Nu-Yuan Hsu, Paul Melici, Ron Kasner, Sincia Liu and Susan Vitale.
The board of directors includes Amir Goldman, Andrew Ferrentino, Bradley E Sparks, Eric Dunn, Gwo Liou, Jonathan Klahr, Scott Feldman and Stephen Day.

The company has raised an estimated total of $92.61 million via private unregistered security offerings.

Offering recap
Status: First close
Company: iCIMS
Industry: Other Technology
Amount offered: $60.8 million
Amount placed: $56.73 million
SEC filing: Source
First sale: 09-18-2015
Data as of: 10-02-2015

 

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