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Private Equity

Criteria Corporation Announces Majority Growth Investment From Sumeru Equity Partners

by vcaonline.com posted 1month ago 25 views
LOS ANGELES, May 17, 2019-- 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 element of any company or organization by using proven employment analytics to help identify, hire, and develop talent.

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