PeopleFilter Technology Announces Funding
Posted: 6/19/2007

PeopleFilter Technology Announces Funding

ARLINGTON HEIGHTS, Ill. (June 20, 2007) - - PeopleFilter® Technology, developers of the PeopleFilter applicant tracking system (ATS), today announced that it has received additional funding. Participating in this event were existing investors Cincinnati-based River Cities Capital Funds and Boston-based Velocity Equity Partners, as well as several founding investors.

PeopleFilter’s President and Chief Operating Officer, Kevin Harrison, said, “While companies race for qualified talent to expand their businesses, they face competitive disadvantages when other companies move more quickly or more decisively. The demographics in the global labor pool support a bright future for PeopleFilter's technology and service offerings and we’re grateful for our investors’ continued confidence in our vision.” He continued, “In the upcoming months, we’ll be unveiling a strategic direction that will enable PeopleFilter to bring an economical recruiting solution to small and mid-market employers. Our funding will enable us to effectively market and support this exciting initiative.”

Across a number of industries, companies are expressing concerns about identifying and hiring qualified employees. According to the U.S. Bureau of Labor Statistics, the shortage of skilled workers will exceed 10 million in the U.S. alone by 2010. Harrison commented, “Designed by recruiters for recruiters, PeopleFilter delivers the deep functionality and distinct benefits that small to mid-sized companies cannot possible attain from traditional ATS vendors. With such a large percentage of new jobs and overall business growth emanating from the small to mid-sized sector, we’re firmly positioned for continued success.”

About PeopleFilter Technology

PeopleFilter Technology’s mission is straightforward: helping companies get to the best. Its Web-based applicant tracking system, PeopleFilter, helps customers flourish by making better hiring decisions, faster. Designed for recruiters by recruiters, PeopleFilter calibrates the best internal and external candidates against open job requisitions ensuring companies accelerate both quality and time-to-hire.

Headquartered outside of Chicago in Arlington Heights, Ill., PeopleFilter Technology was founded in 2000 and has customers in a variety of industries. More information can be accessed at www.peoplefilter.com.

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Media Contact:


Jeanne Achille
The Devon Group
(732) 224-1000, ext. 11
jeanne@devonpr.comJeanne Achille

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