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Fidelity spin-out Volition Capital leads $15m funding round for The Resumator

20 Aug 2014

handshake-908059-mGrowth equity firm Volition Capital Partners has led a $15m funding round for recruitment software company The Resumator.

Birchmere Ventures re-upped in the round while Blue Cloud Ventures and Riverfront Ventures laid down capital for the first time bringing the total raised to $18m.

The Resumator provides recruiting software to startups, small businesses and growing enterprises and supports more than 2,200 customers in 63 countries worldwide.

The company said it will use the funds to deepen its penetration into key markets, expand its data and engineering teams, and establish new products and partnerships.

Volition Capital partner Sean Cantwell said, “We are drawn to companies that can not only break patterns in their markets, but also establish themselves as high-growth, category leaders.

“The team and its impressive traction and growth strategy are ones we are excited to support.”

Fidelity Ventures spin-out Volition beat the target for its first independent fundraise by bagging $170m from LPs for a final close in December 2013.

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