Spire Technologies builds a contextual big-data search engine that matches current and prospective candidates to projects and detects potential employee fraud. Its product is used to recruit fresh talent and to map internal and external candidates against project pipelines in real time. Customers include IT services firms such as Atos, Cognizant Technology Solutions, and JDA Software, and the platform has processed nearly 700,000 candidates to date. The company reports annual revenue of about $400,000 and was valued at $23 million in the Series A. Spire plans to use new funding to hire data scientists and engineers and to bolster sales and marketing as it expands into the U.S. and other Asian markets. The company was started in 2008 and aims to broaden its engine’s use cases beyond recruitment, including employee-fraud detection.

Total raised

$8M

Funding rounds

1

Latest round

Series A

Latest activity

Dec 2013