Toronto’s Kira Talent Raises $2 Million from Relay Ventures and Angels

Kira TalentKira Talent has raised $2 million in a round of capital led by Relay Ventures with participation from angel investors.

The Toronto-based startup is calling the financing a seed round, although it already raised a minor seed round in December of last year, also from Relay Ventures and angels.

“The renewed commitment by our investors is a testament to the incredible traction Kira Talent has seen in the market,” says Kira Talent CEO Emilie Cushman. “Over the past 12 months Kira Talent has seen fantastic global market adoption having served over 80 countries and onboarding world leading organizations.”

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In the coming months, Kira Talent says it will be releasing a suite of new products that “create the world’s simplest an easiest to use video interview screening platform.” In 2010, 10% of companies reported to using video interviewing; in 2012 over 60% of companies are using video interviewing in some form, according to the Canadian company.

“Video interviewing is not a fad, but represents a truly innovative way to improve the recruitment process by saving time and having greater visibility into the personality and potential of your candidates,” affirms Cushman. “If a picture is worth a thousand words, a video is worth a million.”

Kira Talent was founded in March 2012 as part of The Next 36 incubator program and was named the Most Outstanding Venture within the most promising of 2012.