HomeFrance-StartupsBoulogne-based Talentsoft secures €15 million in growth financing

Boulogne-based Talentsoft secures €15 million in growth financing

TalentSoft, a leading provider of cloud-based Integrated Talent Management, today announced €15 million in growth financing from Highland Capital Partners Europe and the FSN PME French National Fund for Digital Society.

In the highly competitive Talent Management Market, TalentSoft is one of the European leaders. The Boulogne-based company was founded in 2007, and since then has achieved impressive growth, with its solution being used by over 3,000,000 users and revenues having grown seven-fold in the last three years. With offices in Belgium, Sweden, Germany, and the UK, TalentSoft has ramped up its global expansion and already has users in 100+ countries and 14 languages.

With the additional financing, TalentSoft will widen its presence in Europe. It’ll do this by opening more offices and recruiting 60+ professionals in international sales and services functions, greatly enhancing its capacity to service global customers and to help them deploy TalentSoft solution on three continents. In addition, it will accelerate the launch of new solutions that leverage social functionalities within talent management processes. From candidate screening, to rapid employee onboarding via collaborative processes, TalentSoft will encapsulate social functionality in HR processes, with the goal to make the process more effective, fluid and fast.

Tony Zappalà of Highland Capital Partners Europe stated: “TalentSoft starts with the career objectives and the competencies of the workforce and this information feeds all the other areas (recruiting, training), resulting in fluid and effective talent management processes. This talent planning approach, very much focused on growing talent and adapting to change, is exactly what forward-thinking European multinational companies want to deploy. The rapid growth, which has been achieved very capital-efficiently, is a strong testament to the product suite and approach“.

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Thomas Ohr
Thomas Ohr
Thomas Ohr is the "Editor in Chief" of EU-Startups.com and started the blog in October 2010. He is excited about Europe's future, passionate about new business ideas and lives in Barcelona (Spain).

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