LOS ANGELES--(BUSINESS WIRE)--Criteria Corp, a market leading SaaS based employment analytics platform, today announced that Sumeru Equity Partners (SEP) has made a $56 million strategic investment to accelerate product innovation and growth. SEP Managing Directors Jason Babcoke and John Brennan and Vice President Kevin Cheng will join Criteria’s board of directors. This is the second investment out of Sumeru Equity Partners Fund III. “Criteria’s offerings fundamentally shape the most critical.