By Brian Kovalesky, StartUp Beat Editor
Today’s early-stage startup funding and acquisitions news:
San Antonio, Texas-based TrueAbility has closed a $2 million Series A funding round from Austin Ventures and Cloud Power Seed Fund 2013. The startup is focused on helping recruiters evaluate the technical skills of potential employees through a cloud-based assessment. Its founders are a group of former employees of enterprise web host Rackspace. TrueAbility previously secured $750,000 in a Seed round in January, after debuting as a TechStars graduate.
Vital Stats:
Website: www.trueability.com
HQ: San Antonio, Texas
Founders: Marcus Robertson (CTO), Dusty Jones (Chief Architect), Luke Owen (CEO), Frederick Mendler (COO)
Year Founded: 2013
Series A Investors: Austin Ventures, Cloud Power Seed Fund 2013
Innovation: A cloud-based platform for evaluating the technical skill of potential employees.
Total Funding: $2.75 million
(Sources: TrueAbility, VentureBeat)
More funding and acquisitions news…
Jifiti Raises $2.5 Million For Gifting App Which Combines Thoughtful Shopping With The Convenience Of A Gift Card (via TechCrunch)
Kiwi Partners with Sequoia, Closes $9 Million in Funding to Build Mobile Entertainment Business (via company press release)
# # #
