Difference between revisions of "HireVue"

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{{SoftwareInfoBox
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|HEIGHT=580
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|NAME=LinkedIn
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|LOGO=Hirevue-New-Logo.png
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|SCREENIMAGE=Video-Interviewing-Hero-Banner.png
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|CAPTION=''"Sample Page"''
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|TEXT=LinkedIn
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|PLATFORM=Social Networking<br>
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|TYPE=HR Software
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|SITEURL=https://www.hirevue.com/
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|URLTEXT=hirevue.com
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|STATUS=Active
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|LAUNCH=2004
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}}
  
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'''{{initial|H}}ireVue''' is a private Saas technology company based in Salt Lake City, Utah that sells enterprise software for one way interviewing. HireVue utilizes a combination of voice and facial recognition software to deliver automated asynchronous interviews at a large scale. The service is meant to streamline the traditional recruiting process with automated interviews so that recruiters can spend less time interviewing candidates while also increasing the number of candidates interviewed. HireVue also utilizes AI technology in their platform to deliver a more fair equitable recruiting process, although this has been met with some public criticism.<ref>[https://fortune.com/2021/01/19/hirevue-drops-facial-monitoring-amid-a-i-algorithm-audit/#:~:text=A.I.,-offers%20the%20promise&text=In%202019%2C%20the%20nonprofit%20Electronic,it's%20not%20done%20anything%20illegal. "HireVue drops facial monitoring amid A.I. algorithm audit"]</ref> In 2014 HireVue acquires another company Reschedge, a cloud technology company that specializes in interview scheduling technology solutions for an undisclosed amount. The company closes out another round of funding in 2015 with $45,000,000 from the series E round. HireVue then acquires Candidate Measures, MindX, and Ally in 2016,2018, and 2020. An undisclosed amount of money was also raised from The Carlyle Group in 2019.<ref>[https://www.crunchbase.com/organization/hirevue/company_overview/overview_timeline]</ref> 
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==History==
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In 2004 HireVue was cofounded by Mark Newman and Chip Luman in 2004 while they were students at Westminster College. <ref>[https://www.forbes.com/companies/hirevue/?sh=4b1eb3c07adf]</ref> At first the software was just meant as a way for recruiters to give one way interviews and store the video footage for comparison and analysis of candidates. The company would ship webcams to candidates because webcams were still not common at the time.<ref>[https://techcrunch.com/2013/10/02/video-interviewing-platform-hirevue-grabs-25-million-from-sequoia-for-deeper-push-into-hr/] </ref> In 2008 HireVue received series A funding of $1,000,000 from Peterson Ventures. Two years later in 2010 HireVue received series B funding of $5,000,000 from both Peterson Ventures and Granite Ventures. HireVue proceeded to acquire CodeEval a company specialized in tech industry recruitment software for an undisclosed amount in 2012 as well as receive series C funding of $17,000,000 from five different investors. And then a year later in 2013 HireVue received series D funding of $25,000,000 from six different investors led by Sequoia Capital. In 2014 HireVue acquires another company Reschedge, a cloud technology company that specializes in interview scheduling technology solutions for an undisclosed amount. The company closes out another round of funding in 2015 with $45,000,000 from the series E round. HireVue then acquires Candidate Measures, MindX, and Ally in 2016,2018, and 2020. An undisclosed amount of money was also raised from The Carlyle Group in 2019.<ref>[https://www.crunchbase.com/organization/hirevue/company_overview/overview_timeline]</ref>
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==Features==
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===Asynchronous===
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Through the use of webcam technology, HireVue can record a virtual interview for recruiters to analyze at a different time. This feature gives both recruiters and candidates the flexibility to conduct the interview at any time and at any location. Due to the flexibility of the interviews, companies using HireVue can send out virtual interview requests at a higher frequency than traditional interviews.
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===AI Technology===
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==Controversies==
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==References==
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{{resource|
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<references/>
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}}
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[[Category:Websites]]
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[[Category:Services]]
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Revision as of 01:06, 21 March 2021

LinkedIn
Hirevue-New-Logo.png
Video-Interviewing-Hero-Banner.png
"Sample Page" [url LinkedIn]
Type HR Software
Launch Date 2004
Status Active
Product Line product
Platform Social Networking
Website hirevue.com
H
ireVue
is a private Saas technology company based in Salt Lake City, Utah that sells enterprise software for one way interviewing. HireVue utilizes a combination of voice and facial recognition software to deliver automated asynchronous interviews at a large scale. The service is meant to streamline the traditional recruiting process with automated interviews so that recruiters can spend less time interviewing candidates while also increasing the number of candidates interviewed. HireVue also utilizes AI technology in their platform to deliver a more fair equitable recruiting process, although this has been met with some public criticism.[1] In 2014 HireVue acquires another company Reschedge, a cloud technology company that specializes in interview scheduling technology solutions for an undisclosed amount. The company closes out another round of funding in 2015 with $45,000,000 from the series E round. HireVue then acquires Candidate Measures, MindX, and Ally in 2016,2018, and 2020. An undisclosed amount of money was also raised from The Carlyle Group in 2019.[2]

History

In 2004 HireVue was cofounded by Mark Newman and Chip Luman in 2004 while they were students at Westminster College. [3] At first the software was just meant as a way for recruiters to give one way interviews and store the video footage for comparison and analysis of candidates. The company would ship webcams to candidates because webcams were still not common at the time.[4] In 2008 HireVue received series A funding of $1,000,000 from Peterson Ventures. Two years later in 2010 HireVue received series B funding of $5,000,000 from both Peterson Ventures and Granite Ventures. HireVue proceeded to acquire CodeEval a company specialized in tech industry recruitment software for an undisclosed amount in 2012 as well as receive series C funding of $17,000,000 from five different investors. And then a year later in 2013 HireVue received series D funding of $25,000,000 from six different investors led by Sequoia Capital. In 2014 HireVue acquires another company Reschedge, a cloud technology company that specializes in interview scheduling technology solutions for an undisclosed amount. The company closes out another round of funding in 2015 with $45,000,000 from the series E round. HireVue then acquires Candidate Measures, MindX, and Ally in 2016,2018, and 2020. An undisclosed amount of money was also raised from The Carlyle Group in 2019.[5]

Features

Asynchronous

Through the use of webcam technology, HireVue can record a virtual interview for recruiters to analyze at a different time. This feature gives both recruiters and candidates the flexibility to conduct the interview at any time and at any location. Due to the flexibility of the interviews, companies using HireVue can send out virtual interview requests at a higher frequency than traditional interviews.

AI Technology

Controversies

References

  1. "HireVue drops facial monitoring amid A.I. algorithm audit"
  2. [1]
  3. [2]
  4. [3]
  5. [4]

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