[ibimage==28149==Original==none==self==ibimage_align-center]
Denver-based enterprise software company JobApp Plus, which helps companies in the service industry find, hire and manage employees, raised over $8.5 million from Frontier Capital last week. Frontier also led the 17-year-old company’s seed round last year.
JobApp’s Recruiting and Talent Management System is used by over 200 big-name companies like Pizza Hut, Taco Bell, KFC, Jack in the Box/Qdoba, Burger King and Churchill Downs Racetrack. These clients report a reduced turnover of hourly workers by 25 to 100 percent and an overall improvement of service quality when using JobApp.
The JobApp team, led by CEO John Raeder, is full of tech veterans in the Human Capital Management arena: most worked previously as execs at Denver’s IQNavigator and also have experience at Oracle, Peoplefluent and Salesforce.
This investment for JobApp comes at an exciting time for tech companies in the HR and HCM space. Chicago-based Fieldglass, which makes software that allows companies to manage contract workers was bought by SAP for over $1 billion in March. California-based human resources software maker Workday had a $4.5 billion IPO in 2012, which nearly doubled on its first day.
Image: Shutterstock
.jpeg)
