|
MEDIA CONTACTS:
Innovation Ventures, L.P.
Stacey Blackwell
Operations Manager
302-777-1616
717-397-2279
sblackwell@innovationcapital.com
Skill Survey
610-947-6300
|
INNOVATION VENTURES INVESTS
IN SKILL SURVEY
Wilmington,
DE,
May
11, 2007 --
Innovation Ventures, LP, with offices in Wilmington, DE
and Lancaster, PA is pleased to announce an investment
in SkillSurvey.
"SkillSurvey's proprietary
Internet technology is creating a market in online
behavioral-based reference checking. There's really no
competitor that provides our benefits of privacy, ease
of use, quality and efficiency," said Ray Bixler,
SkillSurvey’s chief executive officer. "Innovation
Venture’s expertise in Web services is an excellent
match for us. They understand how Web 2.0 services such
as SkillSurvey’s, provide a unique opportunity to create
a new way of approaching a problem. We're eager to
leverage this investment and the expertise of David
Freschman and his team to further break open the
reference checking market."
“We’re excited to welcome SkillSurvey into our
portfolio,” said David Freschman, Managing Principal of
Innovation Ventures. “Skill Survey provides a unique
business tool that enables more informed and efficient
hiring and that their customers find invaluable. We
look forward to helping the company continue to grow.”
SkillSurvey delivers on-demand reference checking via a
proprietary online process. The technology enables
employers to efficiently, economically and effectively
review applicants’ professional references using a 360
approach for assessing past performance. The
confidential format and 24/7 accessibility increases
response rates by an average of 50 percent over phone
references and yield more useable information.
Recruiters save time, reach more references per
candidate, and increase submittal-to-hire ratios with
more in-depth candidate profiles.
About
Innovation Ventures, L.P.
Innovation Ventures, LP (IV) is an SBIC venture capital
fund headquartered in Wilmington, DE and with offices in
Lancaster, PA. IV is focused on growth and early-stage
investments in the areas of chemicals and materials;
electronic materials and devices; information
technology; nanotechnology; software; biotechnology
(excluding human therapeutics); and business information
services related to the legal, financial services and
manufacturing industries. Innovation Ventures invests
$250,000 to $1 million in early and growth stage
companies primarily located in the Mid-Atlantic region.
The Innovation Ventures, LP website can be found at
www.innovationventures.com.
About
Skill Survey
SkillSurvey is the leading provider of online reference
assessment solutions that increase quality of hire and
improve recruiting efficiency. Using SkillSurvey,
organizations improve the quantity and quality of
information they collect regarding a candidate’s past
performance, resulting in a significant reduction in
time and money spent on reference checking. This
breakthrough, patent-pending approach to reference
assessments is, based on over 25 years of research in
job competency modeling. To learn more, visit
www.skillsurvey.com
or contact us at
info@skillsurvey.com.
|
