The recruitment automation technology developer raised the capital in a series C round led by SoftBank Vision Fund 2.

Internet and telecommunications group SoftBank has led an $85m series C round for US-based recruitment analytics software producer Fountain through its Vision Fund 2.

B Capital Group, Mirae Asset Venture Investment, DCM Ventures, Origin Ventures, Commerce Ventures, SemperVirens Venture Capital and Uncork Capital were also among the participants in the round, which the company said increased its total funding to $119m.

Formerly known as OnboardIQ, Fountain has built a cloud-based ‘volume hire platform’ which uses automation to enable businesses to…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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