Bullhorn Raises $26 Million

Bullhorn, a Boston-based provider of on-demand staffing and recruiting software, has raised $26 million in fourth-round funding. New backers Highland Capital Partners and General Catalyst Partners co-led the deal.

PRESS RELEASE

Bullhorn, the global leader in On Demand staffing and recruiting software, today announced the completion of $26 million in new financing, led by prominent venture capital firms Highland Capital Partners and General Catalyst Partners. The funding will allow Bullhorn, which is profitable, to fuel regional market expansion, accelerate its product development plans and increase professional services and support to meet rapidly growing customer demand. Bob Davis, a General Partner at Highland Capital Partners and former CEO and founder of Lycos, and John Simon, a Managing Director at General Catalyst Partners, will join the board of directors.

Bullhorn achieved rapid and profitable growth, the largest market share in North America, and a strong international presence in more than twenty countries, by delivering award-winning and innovative staffing and recruiting software, combined with superior, On Demand service delivery, said Arthur Papas, CEO and co-founder of Bullhorn. This financing provides Bullhorn with the opportunity to achieve global market leadership based on our mission of powering the desks of staffing and recruiting professionals worldwide, while working with two world-class venture capital firms