Hired Raises $30M

Hired looks to serve as a one-stop recruiting point for both companies and potential candidates. The startup collects information like a basic profile, some thoughts on what those candidates are looking for, and your resume information, and then crunches that through a series of back-end algorithms and processes in order to figure out the best match for that candidate. It then points those candidates to hiring managers at companies that are looking for a strong pipeline of candidates, though the company now hopes that they will be able to build a kind of recurring revenue model for those companies with its subscription business. Hired today also said it has raised $30 million in new financing led by the Investment Management Corporation of Ontario.