Ambler’s Phenom Raises a $100M Series D After Acquiring 3 Companies in 6 Months
Ambler-based HR tech company Phenom just announced a $100 million Series D round of financing shortly after it acquired its third company in six months.
The round was lead by B Capital Group with participation from Dragoneer Investment Group, OMERS Growth Equity and GoldenArc Capital. Phenom raised a $30 million Series C at the beginning of 2020, a $22 million Series B in 2018 and a Series A in 2015.
The new funding will allow Phenom to continue work on its Talent Experience Management platform, looking toward virtual HR and recruiting trends in a post-COVID-19 era. It will also help the company achieve its long-standing goal of “helping a billion people find the right job,” it said in a statement.
The recent acquisitions have upgraded the company’s platform to include included video integration, data optimization and omni-channel interview scheduling features. After announcing its first and second acquisitions in 2020 (of companies My Ally and Endouble, respectively), in February, the company also acquired Talentcube, an experience-driven video technology company based in Munich, Germany.
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