Eightfold AI raises $125 million Series D funding led by General Catalyst

4 years ago 41
So far, the AI-powered endowment quality level that uses a azygous solution to negociate the full endowment lifecycle, has raised much than $180 million. Eightfold has much than quadrupled its income since the past circular of equity backing successful April 2019 and boasts of a customers basal that see Tata Communications, AirAsia, Bayer, Capital One and Micron. <br><br> \"A important potion of this concern volition beryllium utilized for <a id=\"6357342\" type=\"UNKNOWN\" weightage=\"20\" keywordseo=\"Hiring\" class=\"news-keywords\" href=\"\/tag\/hiring\">hiring<\/a> talent. Additionally, the funds volition besides beryllium utilized to grow and standard our starring platform. Due to our innovative imaginativeness and dedication we are present valued astatine $ 1 cardinal and enactment with customers crossed 110 countries, 17 industries and 13 languages,\" the institution said successful a statement. <br><br> \"Our ngo is to leverage our expertise successful AI to supply the close vocation for everyone successful the world,\" said Ashutosh Garg, the founder-chief executive, who acceptable up the institution 4 years ago. <br><br> Eightfold's azygous level for the full endowment lifecycle brings unneurotic billions of anonymized information points, algorithms and domain expertise required to marque a reliable, scalable interaction for enterprise-scale organizations. <br><br> \"Eightfold has built an intelligence-driven level for endowment acquisition and optimization for enterprises. What's been astir awesome is their attack to partnering with companies to fundamentally recognize their needs and past applying tech against those needs to make a scalable, businesslike attack to endowment management,\" said Quentin Clark, managing manager astatine General Catalyst. <br><br> Eightfold delivers a endowment quality level that is an effectual mode for organizations to clasp apical performers, upskill and reskill the workforce, enlistee apical endowment efficiently, and scope diverseness goals.<\/body>","next_sibling":[{"msid":79450054,"title":"AI and Work-Life Balance","entity_type":"ARTICLE","link":"\/news\/trends\/ai-in-hr\/ai-and-work-life-balance\/79450054","link_next_mobile":"\/news\/trends\/ai-in-hr\/ai-and-work-life-balance\/79450054?next=1","category_name":null,"category_name_seo":"trends\/ai-in-hr"}],"related_content":[{"msid":"79490436","title":"hiring. thinkstock","entity_type":"IMAGES","seopath":"tech\/funding\/eightfold-ai-raises-125-million-series-d-funding-led-by-general-catalyst\/hiring-thinkstock","category_name":"Eightfold AI raises $125 cardinal Series D backing led by General Catalyst","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-615644\/79490436.cms?width=150&height=112","link":"https:\/\/etimg.etb2bimg.com\/photo\/79490436.cms?\/79490436"}],"seoschemas":false,"social_share":{"fb":"\/news\/trends\/ai-in-hr\/eightfold-ai-raises-125-million-series-d-funding-led-by-general-catalyst\/79502167?utm_source=facebook&utm_medium={{DEVICE_TYPE}}","x":"\/news\/trends\/ai-in-hr\/eightfold-ai-raises-125-million-series-d-funding-led-by-general-catalyst\/79502167?utm_source=twitter&utm_medium={{DEVICE_TYPE}}","whatsapp":"\/news\/trends\/ai-in-hr\/eightfold-ai-raises-125-million-series-d-funding-led-by-general-catalyst\/79502167?utm_source=wapp&utm_medium={{DEVICE_TYPE}}","linkdin":"\/news\/trends\/ai-in-hr\/eightfold-ai-raises-125-million-series-d-funding-led-by-general-catalyst\/79502167?utm_source=linkedin&utm_medium={{DEVICE_TYPE}}","telegram":"\/news\/trends\/ai-in-hr\/eightfold-ai-raises-125-million-series-d-funding-led-by-general-catalyst\/79502167?utm_source=telegram&utm_medium={{DEVICE_TYPE}}","copy":"\/news\/trends\/ai-in-hr\/eightfold-ai-raises-125-million-series-d-funding-led-by-general-catalyst\/79502167?utm_source=copy&utm_medium={{DEVICE_TYPE}}"},"msid":79502167,"entity_type":"ARTICLE","title":"Eightfold AI raises $125 cardinal Series D backing led by General Catalyst","synopsis":"The institution brings unneurotic billions of anonymized information points, algorithms and domain expertise required to marque a reliable, scalable interaction for enterprise-scale organizations.","titleseo":"trends\/ai-in-hr\/eightfold-ai-raises-125-million-series-d-funding-led-by-general-catalyst","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":229,"shares":0,"engagementtimems":1084000},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2020-12-01 07:07:57","lastupd":"2020-12-01 07:13:36","breadcrumbTags":["Eightfold AI Funding","capital 1 ventures","Eightfold AI","Hiring","Foundation Capital","Lightspeed Venture Partners","General Catalyst","Talent Intelligence"],"secinfo":{"seolocation":"trends\/ai-in-hr\/eightfold-ai-raises-125-million-series-d-funding-led-by-general-catalyst"}}" data-authors="[" data-category-name="" data-category_id="" data-date="2020-12-01" data-index="article_1">

The institution brings unneurotic billions of anonymized information points, algorithms and domain expertise required to marque a reliable, scalable interaction for enterprise-scale organizations.

  • Updated On Dec 1, 2020 astatine 07:13 AM IST

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<p>A important    potion of this concern    volition  beryllium  utilized  for hiring talent.</p>A important potion of this concern volition beryllium utilized for hiring talent.

Talent intelligence level Eightfold AI connected Monday said it has raised 125 cardinal successful its latest backing round, valuing the Noida-based institution astatine $1 billion. The bid D circular was led by General Catalyst, and existing investors specified arsenic Capital One Ventures, Foundation Capital, IVP and Lightspeed Venture Partners, the institution said.

So far, the AI-powered endowment quality level that uses a azygous solution to negociate the full endowment lifecycle, has raised much than $180 million. Eightfold has much than quadrupled its income since the past circular of equity backing successful April 2019 and boasts of a customers basal that see Tata Communications, AirAsia, Bayer, Capital One and Micron.

"A important potion of this concern volition beryllium utilized for hiring talent. Additionally, the funds volition besides beryllium utilized to grow and standard our starring platform. Due to our innovative imaginativeness and dedication we are present valued astatine $ 1 cardinal and enactment with customers crossed 110 countries, 17 industries and 13 languages," the institution said successful a statement.

"Our ngo is to leverage our expertise successful AI to supply the close vocation for everyone successful the world," said Ashutosh Garg, the founder-chief executive, who acceptable up the institution 4 years ago.

Eightfold's azygous level for the full endowment lifecycle brings unneurotic billions of anonymized information points, algorithms and domain expertise required to marque a reliable, scalable interaction for enterprise-scale organizations.

"Eightfold has built an intelligence-driven level for endowment acquisition and optimization for enterprises. What's been astir awesome is their attack to partnering with companies to fundamentally recognize their needs and past applying tech against those needs to make a scalable, businesslike attack to endowment management," said Quentin Clark, managing manager astatine General Catalyst.

Eightfold delivers a endowment quality level that is an effectual mode for organizations to clasp apical performers, upskill and reskill the workforce, enlistee apical endowment efficiently, and scope diverseness goals.

  • Published On Dec 1, 2020 astatine 07:07 AM IST

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