CodeSignal Announces $25M in Series B for Prescreening

CodeSignal, a platform that helps recruiters prescreen software development candidates through automated technical assessments, has raised $25 million in a series B round of funding led by Menlo Ventures.

“We’ve seen an insane acceleration of demand for our product since March,” CodeSignal CEO Tigran Sloyan. “Everything has moved online, and companies need a better remote assessment solution. With CodeSignal, companies are able to go beyond resumes and request all applicants to complete a fair and unbiased assessment that closely mimics the job the candidates are applying for.”

Founded in 2015 as CodeFights — with a name change two years ago — CodeSignal wants to help companies “go beyond resumes” when recruiting new technical talent by automating and scaling interviews.

With the new funding, CodeSignal plans to grow its team and expansion into new customer verticals.

Announcement: CodeSignal Announces $25M in Series B Funding