HomeFundingReading-based recruitment software provider Invenias secures $2 million in a round led...

Reading-based recruitment software provider Invenias secures $2 million in a round led by MMC

Invenias, a leading provider of software solutions to the executive search and specialist recruitment sector, has completed an additional funding round of $2 million led MMC Ventures. The fresh capital will be used to fuel growth and to accelerate international expansion, and also takes the total external funding raised by the company to $4 million.

Founded in 2005, Invenias’ cloud-based desktop and mobile applications enable executive search firms, specialist recruitment companies and enterprise recruitment organisations to deliver better assignments and to build stronger relationships with clients and candidates.

Invenieas already serves thousands of users in over thirty countries across the globe. The company is headquartered in Reading, with additional offices in the US, Australia and Malaysia.

Chairman Mark Farmer commented: “This funding round provides further endorsement of our expansion plans. It will help us address the strong demand for Invenias in the US market, starting with the opening of a new office in San Francisco in early 2015, and allows us to grow our product and engineering ability to further support the innovation planned in our product road map.”

By the way: You can find out about other interesting startups from the UK in this list.

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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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