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An ATS With “Emotional Engagement” Gets $10 Million

SmartRecruiters new“The ATS has to die,” says the man who built a business and made a name on that earliest technological breakthrough for recruiters, the applicant tracking system.

What’s especially ironic is that it’s on the strength of the market’s acceptance of SmartRecruiters, his free ATS, and his vision for how to evolve it, that Rembrandt Venture Partners and others are giving Jerome Ternynck $10 million.

The B series funding was announced today and follows a $5.5 million A round just a bit more than 18 months earlier. (more…)

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