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HireVue’s New Team Acceleration Software Puts the Power to Build and Coach Teams in the Hands of Managers Everywhere Digital Video & Data Science Help Create the World’s Best Teams Salt Lake City, Utah – June 2, 2015 – HireVue today unveiled its Team Acceleration software to empower team leaders to build and coach the world’s best teams. The software includes new products that leverage HireVue’s proprietary digital video and predictive analytics solutions. The Team Acceleration suite is built on HireVue Iris(™), a patented deep-learning analytics engine that analyzes more than 100,000 audio, video and behavioral attributes for more informed, data-driven people decisions. HireVue customers outperform their peers with 50 percent higher productivity, 25 percent faster cycle times and 27 percent less turnover.* Leading publisher Houghton Mifflin Harcourt reported significant benefits using HireVue’s Team Acceleration software, including:
“For decades, software has focused on process, tracking and compliance. These systems are largely centered around resumes, profiles and forms. They take HR and team leaders away from people, and into clunky systems,??? said Mark Newman, Founder and CEO, HireVue. “Team Acceleration is a refreshing break from the land of the administrative dead. It’s the philosophy of the future, allowing building and coaching a high performing team to be a company-wide initiative. Team Acceleration closes the gap between HR and the business, helping recruiting and talent leaders become highly valued business partners that drive revenue, growth and profitability.??? HireVue’s Team Acceleration software features:
“A lot of enterprise software is slow and cumbersome,??? said Rodney Moses, Vice President of Global Recruitment, Hilton Worldwide. “HireVue speeds things up and makes life easier for our general managers, team leaders and recruiters alike. With HireVue, we’ve achieved a Net Promoter Score of two times the hospitality industry average, making both our HR team and the Hilton brand shine in today’s competitive market.??? Today, HireVue also announced its latest funding, closing a round of $45 million led by Technology Crossover Ventures (TCV), a leading provider of growth equity for premier technology companies and investors in Zillow, Netflix, ExactTarget and Facebook. The funding and Team Acceleration software launch capitalizes on other recent company momentum including:
Already, the world’s most successful companies — including 30 percent of Fortune’s Most Admired Companies — trust HireVue to help build and accelerate their teams. Clients include leaders such as American Express, GE, Nike, Chipotle Mexican Grill, Nordstrom, Red Bull, Under Armour, Hilton Worldwide, as well as hundreds of successful small and mid-sized businesses in over 100 countries. For more information, visit hirevue.com. *Source: Nucleus Research, 2014 About HireVue HireVue is making business personal again through social, mobile and video enriched workplace interactions. Its Team Acceleration software empowers managers across the enterprise to make faster, smarter hiring decisions, leaning on predictive analytics, video and digital tools to provide deeper insight into talent success. Meanwhile it lets people tell their story and demonstrate their talents—all at the speed, quality and consistency of digital. HireVue was named among the top 10 “America’s Most Promising Companies??? by Forbes and a top 50 company in Deloitte’s Annual Fast 500. Join HireVue customers including American Express, Hilton Worldwide, UnitedHealth Group, Chipotle Mexican Grill, and Under Armour, that are reimagining recruiting and putting the personal back in business. Visit hirevue.com, and keep pulse on emerging trends via http://www.twitter.com/hirevue, https://facebook.com/hirevue, and http://www.youtube.com/hirevue. Press Contacts: Maggie Habib mPR, Inc. for HireVue 310.916.6934 direct email@example.com Jenny Olson mPR, Inc. for HireVue 310.773.2568 direct firstname.lastname@example.org